Debt Collector – CTXETG http://ctxetg.com/ Wed, 22 Jun 2022 17:55:43 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.3 https://ctxetg.com/wp-content/uploads/2021/06/icon-150x150.png Debt Collector – CTXETG http://ctxetg.com/ 32 32 Troutman Pepper Weekly Consumer Financial Services COVID-19 Newsletter – June 2022 #3 | Troutman pepper https://ctxetg.com/troutman-pepper-weekly-consumer-financial-services-covid-19-newsletter-june-2022-3-troutman-pepper/ Wed, 22 Jun 2022 17:10:24 +0000 https://ctxetg.com/troutman-pepper-weekly-consumer-financial-services-covid-19-newsletter-june-2022-3-troutman-pepper/ Like most industries today, consumer credit services businesses continue to be significantly impacted by COVID-19. To help keep you up to date with relevant activity, below is a breakdown of some of the biggest federal and state legislative and regulatory events impacting the consumer credit services industry during the week. last : Federal activities State […]]]>

Like most industries today, consumer credit services businesses continue to be significantly impacted by COVID-19. To help keep you up to date with relevant activity, below is a breakdown of some of the biggest federal and state legislative and regulatory events impacting the consumer credit services industry during the week. last :

Federal activities

State activities

Privacy and cybersecurity activities

Federal activities:

  • On June 17, the Federal Reserve released its latest monetary policy report, which identified the growth of stablecoins as a key development for the financial stability of the United States and identified certain types of stablecoin arrangements as issues of concern. According to the Fed, “stablecoins that are not backed by safe and sufficiently liquid assets and that are not subject to appropriate regulatory standards create risks for investors and potentially for the financial system, including vulnerability to potentially destabilizing races”. For more information, click here.
  • On June 16, the Federal Financial Institutions Examination Council (FFIEC) announced the availability of data on 2021 mortgage loan transactions reported under the Home Mortgage Disclosure Act (HMDA) by 4,338 U.S. financial institutions. Institutions covered include banks, savings associations, credit unions and mortgage companies. As the most comprehensive publicly available information on mortgage market activity, HMDA data is used by industry, consumer groups, regulators and others to assess potential fair lending risks and to other purposes. The data helps the public assess how financial institutions are meeting the housing needs of their local communities and facilitates fair reviews by financial regulators, consumer compliance and the Community Reinvestment Act. For more information, click here.
  • On June 15, the Consumer Financial Protection Bureau (CFPB) released an update to its December 2021 market surveillance investigation into Buy Now, Pay Later (BNPL) – a short-term, no-cost consumer credit product. interest that has become almost ubiquitous at online outlets and, increasingly, in brick-and-mortar stores. Conducted with five BNPL companies, the survey commissioned information and data on several key areas of consumer impact, including data provided by BNPL companies to consumer information companies for inclusion in the credit reports. For more information, click here.
  • On June 14, the CFPB announced its request for public input on how bank customers can assert their rights to better customer service from big banks. In the request for information, the CFPB is looking for data on barriers that may prevent people from enjoying high standards of customer service and high-quality human interactions with their banks or credit unions, as well as experiences consumers. For more information, click here.
  • On June 14, the Office of the Inspector General of the Department of Justice released its audit of the US Marshals Service’s handling of seized cryptocurrency, covering the period from fiscal years 2017 to 2021. The audit report concludes that the Marshals Service does not have the necessary operating procedures. and controls and faces issues managing and tracking seized cryptocurrency. For more information, click here.
  • On June 13, the CFPB released its annual report on major financial issues facing military members, veterans, and military families based on the complaints they submitted to the CFPB. The military informed the CFPB of the billing inaccuracies and that bill collectors used aggressive tactics to collect allegedly unpaid medical bills. Service members also reported failures of credit reporting companies to help resolve inaccuracies and other credit reporting issues. For more information, click here.
  • On June 11, Coin Center, a cryptocurrency-focused nonprofit group, sued the United States, the Treasury Department, the Internal Revenue Service, and related individuals, arguing the unconstitutionality of a recent amendment to the tax code. The amendment, known as Provision 6050I and commonly referred to as the Transaction Reporting Rule, was part of the Infrastructure Investment and Jobs Act passed last summer, and requires individuals and businesses who receive $10,000 or more in cryptocurrency to report to the government the name, date of birth, and social security number of the person who sent those funds. For more information, click here.

State activities:

  • On June 14, California Attorney General Rob Bonta released a consumer alert, following reports that hospitals failed to meet their obligations under state law to provide free or reduced-cost health care to eligible patients. Attorney General Bonta also sent letters to hospitals “advising them that they must provide written notice to patients – in their native language – of the availability of ‘charity care’ and how to apply”. For more information, click here.
  • On June 9, North Carolina Attorney General Josh Stein released a statement after the US Department of Education announced it would cancel all remaining federal student loans for students attending any college. managed by Corinthian Colleges. In North Carolina, “12,470 borrowers will receive a total of $142.1 million in loan relief.” After noting that cancellations would automatically be enforced, Attorney General Stein said, “I have been fighting on behalf of these victimized students for years, and I am grateful to the Biden administration for taking action to help them. Canceling these loans will give these student borrowers a fresh start in building a prosperous future, free from undue debt burdens. For more information, click here.

Privacy and cybersecurity activities:

  • On June 15, Senators Elizabeth Warren (D-MA), Ron Wyden (D-OR), Patty Murray (D-WA), Sheldon Whitehouse (D-RI) and Bernie Sanders (I-VT) presented the Health and Location Data Protection Act, which would prohibit data brokers from selling health and location data. The law would also empower the Federal Trade Commission (FTC), state attorneys general, and injured parties to file lawsuits to enforce the law, while providing $1 billion in funding to the FTC. For more information, click here.
  • On June 15, the Governor of Maine signed House Paper 669, establishing the Maine Data Collection Protection Act. The law would prohibit data collectors from collecting and aggregating, selling, or using information from specific types of public records for the purpose of determining a consumer’s eligibility for consumer credit, employment or residential accommodation. A data collector includes anyone who collects or attempts to collect data from public records and sells that data to third parties for any purpose, including but not limited to determining eligibility. of an individual to consumer credit, employment or residential housing. To learn more, click here.
  • On June 13, the U.S. Department of Health and Human Services (HHS) Office for Civil Rights (OCR) released guidance on how health care providers and health plans can use communication technologies remotely to provide health information compliant audio-only telehealth services. Privacy, Security, and Portability and Accountability Act (HIPPA) Violation Notification Policy. OCR Director Lisa J. Pino said audio-only telehealth can help “reach patients in rural communities, people with disabilities, and others seeking the convenience of remote options.” To learn more, click here.
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Kinum Announces Strategic Partnership with Pandion Optimization Alliance with Diplomatic Debt Recovery https://ctxetg.com/kinum-announces-strategic-partnership-with-pandion-optimization-alliance-with-diplomatic-debt-recovery/ Mon, 20 Jun 2022 19:13:13 +0000 https://ctxetg.com/kinum-announces-strategic-partnership-with-pandion-optimization-alliance-with-diplomatic-debt-recovery/ Miami Beach, FL, June 20, 2022 –(PR.com)– Kinum, an innovative healthcare revenue collection and cycle service announces strategic partnership with Pandion Optimization Alliance, Pandion Optimization Alliance is an organization of Group Purchasing (GPO) and supply chain consulting firm. The Kinum/Pandion alliance provides state-of-the-art collection solutions with its comprehensive profit collection services. Celebrating Over 1250 Google […]]]>
Miami Beach, FL, June 20, 2022 –(PR.com)– Kinum, an innovative healthcare revenue collection and cycle service announces strategic partnership with Pandion Optimization Alliance, Pandion Optimization Alliance is an organization of Group Purchasing (GPO) and supply chain consulting firm.

The Kinum/Pandion alliance provides state-of-the-art collection solutions with its comprehensive profit collection services. Celebrating Over 1250 Google Reviews Kinum, Inc. recently reached a milestone – Kinum is very proud to have received over 1200 reviews and maintained a 4.8 rating across all Kinum locations on Google Listings. Kinum reviews come not only from happy customers, but also from many people Kinum has collected from. These reviews testify to the honesty, patience and professionalism that the Kinum team demonstrates on a daily basis. Kinum is committed to serving people first, finding solutions that meet the needs of Kinum customers and protecting the relationships Kinum customers have worked to build.

“Kinum provides valuable service to thousands of medical, dental and small businesses across the country, along with solutions that increase revenue while protecting customer relationships. Kinum is thrilled to partner with an innovator like Pandion,” said Kinum Regional Owner Bryan R. Pereyo.

Pandion Optimization Alliance is a Group Purchasing Organization (GPO) and supply chain consulting firm. As a pioneer in the group purchasing and supply chain industries, Pandion’s reputation is built on excellence dating back to 1946. Pandion’s extensive experience helps them provide access to the best contracts locally, regional and national for practically all products. or service – from medical supplies to food and drink, office and cleaning supplies, capital goods, etc.

Pandion’s approach is designed to save members time and money by sourcing and vetting suppliers, analyzing contract opportunities, and mobilizing billions in spend through strategic purchasing. This enables Pandion to proactively anticipate, identify and deliver cost reduction opportunities through cooperative purchasing on an ongoing basis.

Kinum is a Virginia Beach-based smarter debt collection agency, delivering industry-leading collection services rooted in preserving client relationships and recouping hard-earned profits. The success of the Kinum team is defined by the strengths of professionals who constantly strive to improve and deliver exceptional service and performance. Kinum is a trusted debt collection company due to the strength and stability of the business. Kinum is the highest rated industry preferred debt collection agency, providing customized debt collection solutions to businesses and healthcare facilities nationwide.

For more information contact:
Bryan R. Pereyo, Regional Owner of Kinum
Miami Office 305-619-4847 or Silicon Valley (916) 247-4901 or Cynthia Fucci at 917-670-0173 or by email at

Media Contact:
Bryan Pereyo
916-247-4901

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Collection agent accused of pressuring payments in NC suit https://ctxetg.com/collection-agent-accused-of-pressuring-payments-in-nc-suit/ Thu, 16 Jun 2022 17:31:00 +0000 https://ctxetg.com/collection-agent-accused-of-pressuring-payments-in-nc-suit/ By Hayley Fowler (June 16, 2022, 1:31 p.m. EDT) – A North Carolina woman says she felt pressured to pay off a debt after receiving a supposedly encrypted text message from a collection agency with little details suggesting she had a blow to settle, according to a proposed class action lawsuit filed Wednesday in Federal […]]]>
By Hayley Fowler (June 16, 2022, 1:31 p.m. EDT) – A North Carolina woman says she felt pressured to pay off a debt after receiving a supposedly encrypted text message from a collection agency with little details suggesting she had a blow to settle, according to a proposed class action lawsuit filed Wednesday in Federal Court.

Maraim Rivera sued New York-based Capital Link Management LLC, in the Central District of North Carolina, on behalf of a proposed class of consumers who received similar texts, which she claimed violated Fair Debt Collection Practices. Act.

Rivera argued that the text made it sound like she had to pay the proposed settlement immediately, …

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Leadership Lessons from the CEO of the Largest Collector Car Auction Company https://ctxetg.com/leadership-lessons-from-the-ceo-of-the-largest-collector-car-auction-company/ Mon, 13 Jun 2022 18:28:00 +0000 https://ctxetg.com/leadership-lessons-from-the-ceo-of-the-largest-collector-car-auction-company/ In this ongoing series, we share tips, tricks, and insights from real entrepreneurs who struggle in business daily. (Answers have been edited and condensed for clarity.) Mecum Who are you and what is your job? My name is Dave Magers and I am the CEO of Mecum Auctions. Mecum Auctions is the world’s largest collector […]]]>

In this ongoing series, we share tips, tricks, and insights from real entrepreneurs who struggle in business daily. (Answers have been edited and condensed for clarity.)


Mecum

Who are you and what is your job?

My name is Dave Magers and I am the CEO of Mecum Auctions. Mecum Auctions is the world’s largest collector car auction company, offering approximately 22,000 lots for auction each year, spread over 18 annual events across the country. Offerings include classic and collectible cars, vintage motorcycles, antique farm tractors and automotive memorabilia. Each January, Mecum hosts both the World’s Largest Collector Car Auction in Kissimmee, Florida and the World’s Largest Collector Motorcycle Auction in Las Vegas, Nevada.

What inspired its creation?

The company was started in 1988 by Dana and Patti Mecum around their kitchen table in Marengo, Illinois. Dana Mecum has always been a car guy and comes from a long car-focused line. His father was the largest fleet dealer in the United States at one time. Dana’s focus, interest and expertise in the automotive business comes naturally from her family heritage. He is passionate about vintage cars.

Mecum remains a family business with Dana, Patti and their four sons all actively filling roles in the business today.

Related: How These Food Entrepreneurs Went From Staying Afloat To Having Hour-long Lines

What was your “aha moment” when you came to extend the already existing success and vision?

For the first 24 years of Mecum Auctions, the organization enjoyed considerable success and was one of the leaders in the industry. However, the brand’s recognition and strength in the market was not indicative of the company’s success. Although Mecum was one of the biggest in the collector car auction business, it wasn’t the most recognizable brand. Starting in 2013, we started to invest heavily in the brand and in Mecum as an entertainment company, not just an auction company.

Among other things, we moved our television programming to NBCSN to expand our reach to viewers outside of traditional car enthusiasts. We created and launched a new website. We built a new stage and a new TV set. We have launched a comprehensive magazine. We have built and launched a new auction and online auction management system. We started our own transport and financing activities. Many other investments in addition to these examples have been made over several years.

Related: Harlem Pilates Founder: “It’s So Rewarding Knowing You’re Doing Exactly What You Should Be Doing”

Often, brand investments are difficult for an organization as they require large upfront funds over a long period of time with uncertain benefits accruing much later. For Mecum, these investments made many years ago have resulted in the explosion of the company’s success, especially in recent years.

What has been your biggest challenge and how have you pivoted to overcome it?

Of course, with phenomenal growth comes growing pains. Growth requires change, and change is hard for people. I remember reading the book Who moved my cheese? by Spencer Johnson many years ago during my career in the financial services industry. It’s a great discussion about human resistance to change and how to overcome it. We engaged every employee in the process of planning our future and the changes we needed to make. I think every employee felt they had a say in the process and were invested in our success. Coupled with excessive communication and extensive training, we were able to avoid much of the resistance to change normally encountered in an established organization.

Recently, the biggest challenge we had as a live event business was, of course, the pandemic. Mecum was in the middle of an auction at State Farm Stadium in Glendale, Arizona in March 2020 when the world came to an abrupt halt. We returned home to our offices in Wisconsin not knowing what the future held for us in general, but specifically what it held for Mecum as a live event organization.

Related: His Desire to Help His Wife Fight an Illness Led to Launching a Health and Wellness Business

Over the course of two months, senior management staff developed a strategy, changed processes and developed an 11-page security protocol plan to allow us to safely return to live event auctions with buyers and in-person vendors. We’ve started talking about our plans with state and local health officials, governors, mayors and site managers. Our planning culminated in Mecum returning to live events at the end of June 2020. At that time, and for a long time afterwards, we were not only the only collector car auction company hosting live events, but the only company to hold live events, period. More importantly, we were able to demonstrate that it could be done safely. As a result, our business has grown significantly over the past two years, helping us achieve numerous event records and a world record for the most sales in one year by a collector car company and the most large number of sales at a single classic car auction.

What advice would you give to entrepreneurs for financing?

The key to financing for entrepreneurs is to seek strategic capital, not just capital. Whether it’s stocks or debt, look for a partner who brings something to the table besides money. Look for partners who understand your vision, share your enthusiasm, and are ready to customize capital programs to meet both your current and future needs. The business will grow and change. Your credit or equity facilities must have the ability to be equally fluid.

When seeking funding, be sure to be clear in your description of your vision, what you intend to accomplish, how you plan to get there, and what the outcome of your efforts will be. Provide frequent detailed updates on progress. Be transparent to a fault.

I always treat the search for capital partners like a job interview. Ask what your potential funding partners bring to the table that will benefit the organization besides money.

We have been very fortunate to have several very good debt partners offering seamless corporate credit facilities that are customized to fit our ever-changing business and unique needs.

What does the word “entrepreneur” mean to you?

Entrepreneurs do what they do because they have a passion for it. Yes, everyone in business likes to make a profit, but for an entrepreneur, I don’t think that’s a priority. Successful entrepreneurs have immense passion for what they do. They are not primarily motivated by money. They are driven by their passion. They welcome adversity and challenges. They are nimble and creative. It’s about building something and creating a legacy.

What do many budding business owners think they need that they don’t really need?

You don’t need to know and be an expert in everything. Successful business owners understand what they do well and what they don’t. They seek to surround themselves with those who excel in areas they do not master.

Is there a particular quote or saying that you use as personal motivation?

I live in several. I like to say to my staff, “Even the Constitution has 27 amendments. The thing is, you’ll never get it exactly perfect the first time. Everything is a work in progress, and there is always room for improvement.

“You can never go wrong doing the right thing.” My boss at my first job, when I was 15, answered questions this way. For years I thought it was his way of avoiding having to make a decision. Later in life, I realized how profound that simple statement was. Just do what is right, and in the long run, it will be the right decision.

Finally, my wife, Karen, and I have always lived by the motto, “Leave it better than you found it.” We try to adhere to it in our professional careers as well as in our personal lives. No matter how small the improvement, if everyone were to aspire to this motto, the world would continue to improve.

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Thousands of Queenslanders in the dark over COVID-19 hotel quarantine fee waivers https://ctxetg.com/thousands-of-queenslanders-in-the-dark-over-covid-19-hotel-quarantine-fee-waivers/ Sun, 12 Jun 2022 19:30:57 +0000 https://ctxetg.com/thousands-of-queenslanders-in-the-dark-over-covid-19-hotel-quarantine-fee-waivers/ Nathan Kelly is a single parent waiting to hear if he will be relieved of a $5,600 hotel quarantine bill from Queensland Health – from a stay a year and a half ago. Key points: Since this month, Queensland Health has issued 84,463 hotel quarantine bills 21,401 people had applied for a waiver of quarantine […]]]>

Nathan Kelly is a single parent waiting to hear if he will be relieved of a $5,600 hotel quarantine bill from Queensland Health – from a stay a year and a half ago.

He and his family traveled to Sydney to be with relatives in December 2020, following the sudden death of the mother of his children.

When COVID-19 broke out on northern beaches and Queensland closed its borders, they were denied a request to isolate at their home in Cairns and were instead directed to a hotel in Brisbane.

Mr Kelly says his professional salary is already stretched with household expenses, which is why he applied for a fee waiver after receiving a bill in April 2021.

“I applied for a financial exemption, which I did in May last year. I followed up in September to ask how we were doing with this, and then just two weeks ago they m ‘ emailed me and said, ‘we need more information,'” he said.

“It weighs on you – no one wants to owe somebody five thousand five hundred dollars. That’s a significant amount of money…I think most normal people would agree.”

Thousands of unresolved waiver requests

Since this month, Queensland Health has issued 84,463 bills for hotel quarantine.

Of these, 21,401 people had applied for a quarantine fee waiver and, to date, 4,639 have been approved in part or in full.

The remaining 16,762 people are either in the process of processing or reviewing their application, or they have been rejected.

Queensland Health issued 84,463 bills for hotel quarantine.(ABC News: Liz Pickering)

The ABC has spoken to several other people requesting fee waivers, who do not want to be identified publicly.

A woman returned from abroad – where she had overstayed her visa and was unable to work – in October 2020.

She paid around $10,000 for a business class flight home, after an earlier economy class ticket was canceled amid international arrivals caps.

She applied for a waiver in December 2020 and was contacted for more information in April this year.

Another candidate is a student who was studying abroad when the pandemic broke out. He was quarantined in Queensland at the end of 2020.

He waited several months to receive his bill the following February, then submitted his waiver request. He had assumed he had been accepted or had been lost in the system, but then received a reply in May this year asking for further documents.

“A robust process”

A Queensland Health spokesperson said travelers can apply for waivers depending on their circumstances.

“We understand that the pandemic has caused financial stress for many Queenslanders, and we were very mindful of these difficult circumstances when we sought payment for hotel quarantine stays,” they said.

“We know the border restrictions and quarantine arrangements were inconvenient, however, they were necessary to protect against the serious health risk of COVID-19 for over five million Queenslanders.

“A robust internal process is undertaken in relation to the assessment of the quarantine fee waiver to ensure that the circumstances of each request are appropriately considered.”

The Pullman Hotel near Brisbane Airport
Health Minister Yvette D’Ath said applications were being given due consideration.(ABC News: Steve Cavanagh)

Outgoing Queensland Law Society president Elizabeth Shearer said individuals had little reason to dispute the bills other than using the waiver process and waiting for a response.

“The situation is governed by amendments to the Public Health Act that the government introduced at the start of the pandemic, at the start of 2020,” she said.

“It gives the government the right to require people to self-quarantine and to pay for that quarantine.

“The Law Society’s position during the pandemic was that the government was in a very difficult situation and that the health emergency warranted emergency legislation, so the fact that the first version of this legislation lacked some of these processes regular reviews, or things like deadlines, was not something we disputed.

“But two and a half years later, we still have a system without some of the usual checks and balances on decision-making by government officials. These should have been reinstated.

“In this case, it would be criteria for decision-making, deadlines for issuing invoices, deadlines for making decisions and an independent merit review process.”

Ms Shearer herself was quarantined at the hotel last year. She received her bill several months later, after looking for it herself.

“I ended up contacting the Department of Health and got a bill, but it was my instigation. It’s a significant amount of money that’s owed…I don’t think it’s unreasonable that people want to know, when will I get the bill and how long will it take for the decision to be made on the waiver.”

The government recognizes that there is a backlog

On Friday, Health Minister Yvette D’Ath said applications were being given due consideration.

“Any requests for a payment plan or waiver, we’re looking to expedite them as much as possible,” she said.

“We accept that there is a backlog as our staff have dealt with many different issues through COVID, but we are working to resolve this issue.”

Since this month, Queensland Health has referred 3,366 overdue invoices – worth $9.6 million – to a debt collection agency – but has not provided any information on how much agents have recovered. collection agent, claiming that he was considered a trusted salesperson. .

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Driven to bend by cashless parking https://ctxetg.com/driven-to-bend-by-cashless-parking/ Fri, 10 Jun 2022 04:00:59 +0000 https://ctxetg.com/driven-to-bend-by-cashless-parking/ Last weekend, I asked FT readers to regale me with their experiences navigating the digital parking highway, and I nearly got broke in a rush. Coin-operated meters are largely a thing of the past due to the general decline in cash (and the cost of processing it), but even machines that accept card and contactless […]]]>

Last weekend, I asked FT readers to regale me with their experiences navigating the digital parking highway, and I nearly got broke in a rush.

Coin-operated meters are largely a thing of the past due to the general decline in cash (and the cost of processing it), but even machines that accept card and contactless payments are expensive to maintain and maintain.

Cash-strapped local councils are the largest providers of on-street parking. It’s much cheaper for them to completely remove the meters and make a deal with one of the many digital parking apps. But what if the drivers don’t have a smartphone or aren’t “digital natives”?

I was alerted to this issue via a tweet by journalist Pete Paphides. Her 84-year-old father called her from a parking lot in a panic. There was no meter and he didn’t know how to pay through an app. The automated phone service to pay by credit card was equally confusing.

He asked his son to go online in hopes of contacting a human being and avoiding a parking fine. A chance! Sadly, he died soon after, leaving his son to deal with the inevitable letter from a debt collector.

“It kinda breaks my heart how hard we’ve made it for old people to go about their daily lives and how we terrorize them for the crime of not knowing how to download a fucking app,” Paphides tweeted.

The pandemic has accelerated the digital push, with everything from benefit applications to banking appointments and GPs shifting to an ‘online-first’ model. Yet not everyone can keep up with or afford the necessary technology.

Digital exclusion should be a growing concern in the context of the cost of living crisis. Connectivity in rural areas is another issue (try paying for parking if you can’t get a signal), so we still need to provide ‘hybrid’ access to vital services, even if it comes at a cost.

However, FT readers had many other concerns about the digital parking revolution. Of the 200 responses I received, the biggest complaint was the sheer number of parking apps to download.

The fragmented market means many readers need six apps to cover their usual parking spots. One reader had nine (there is another subset of apps for finding electric vehicle charging points and paying for them).

New face of parking: RingGo is the UK’s largest cashless parking provider © In Pictures/Getty

It takes up space on your smartphone. If you haven’t used a particular app for a while, it may be “offloaded to the cloud” or may require an update to be installed. It’s frustrating if you’re in a rush, especially if you suffer from another common online parking nightmare – slow download speeds.

Many readers have missed trains due to technical failures in station car parks. ‘I think they are just a mechanism to impose fines,’ said FT reader Martyn, pissed off after being hit with a £60 fine after struggling to pay.

If there is no real meter, the backup system for automated telephone payments is clumsy. You need to register, enter location codes, credit card numbers and your car registration (if you confuse the letter O with the number zero, expect a fine).

Some older readers have told me that they no longer visit certain parking lots – even certain stores – because they had such difficult experiences. Another said her elderly mother called her every time she wanted to park, adding: ‘I turned into her digital PA. A colleague had to use a parking app while at work to allow her parents to stay in the hospital parking lot.

Of course, parking apps have advantages. Being able to pay with just a few clicks while sitting inside your car is undoubtedly more convenient than queuing in the rain for a machine.

Readers have praised the SMS reminders sent by some operators (“Your parking lot expires in 10 minutes, click here to top up”) because there’s no need to run to your car.

However, a few savvy readers have found that these digital “add-ons” come at a price. “Why are parking apps allowed to charge more than parking meters? asks eagle-eyed FT reader Nigel.

He (and others) say they were charged a ‘convenience fee’ of 20p plus 10p per acknowledgment or text reminder. So a £1 charge on a machine can typically cost £1.40 through an app – even though cashless solutions are supposed to be cheaper. Why?

I asked Peter O’Driscoll, the managing director of RingGo, the UK’s largest cashless parking provider, about it.

Convenience costs are the responsibility of the local council, he says. If they don’t want taxpayers to swallow the cost of RingGo or other digital service providers, they can choose to charge motorists 20p per parking transaction (other apps do this too).

Even so, digital parking apps invariably offer municipalities and parking operators a cheaper solution than the companies that supply parking meters, which is why our streets contain less and less of them: “It’s up to the municipalities, is not something we drive,” says O’Driscoll (no pun intended).

At least RingGo’s 10p SMS alert fee is optional: “For most people that’s worth 10p – better paying that than paying a parking fine,” he adds.

App-based services might be better for the parking lot owner’s bottom line and more convenient for the tech-savvy, but analog alternatives are far more inconvenient for those left behind.

Squint while typing your credit card number on a telephone keypad; queuing at the post office because your bank has closed; wait on hold for ages to talk to a human being. It’s basically saying, “You’re not generating enough profit as a customer for us to care about meeting your needs.”

The only exception to the digital rule is Nationwide, which pledged this week to keep its 625 UK branches open until at least 2024. I’m sure it will win over more cash-rich older customers, but if profits don’t follow, what will happen in 2025 is anyone’s guess.

Assuming they can afford a smartphone, educating our aging population is another avenue. Three years ago, 30% of RingGo customers paid through the “telephone channel”, but that figure has now dropped to 8%.

Converts include O’Driscoll’s own 76-year-old mother. With a little help, she’s mastered the app and finds it much easier than the pay-by-phone service (from what I’ve heard about the latter, it’s no surprise).

But what about downloading so many apps? In the future, if the UK moves towards the “multi-vendor” model common in many European countries, the piecemeal tendering approach could disappear. Local authorities or private operators could instead open up the market by offering several telephone parking solutions in the same territory.

Further into the future, you might not even need an app to park. Your in-vehicle computer system will simply display “Do you want to pay for parking?” when you fire into a space.

It looks like the height of convenience. But maybe you need your kids to explain how it works.

Claer Barrett is the FT’s consumer editor: claer.barrett@ft.com; Twitter @Claerb; instagram @Claerb

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The consumer protection bill focuses on medical debt. It was rebuffed at the committee hearing, despite bipartisan sponsorship | Government and politics https://ctxetg.com/the-consumer-protection-bill-focuses-on-medical-debt-it-was-rebuffed-at-the-committee-hearing-despite-bipartisan-sponsorship-government-and-politics/ Tue, 07 Jun 2022 23:00:00 +0000 https://ctxetg.com/the-consumer-protection-bill-focuses-on-medical-debt-it-was-rebuffed-at-the-committee-hearing-despite-bipartisan-sponsorship-government-and-politics/ The first hearing of a bipartisan health care consumer protection bill delivered few punches on Tuesday when it comes to accusations of health systems ill will. Meanwhile, at least one lawmaker at the House Banking committee meeting challenged some of the premises presented by the sponsors of Bill 1039 and state treasurer Dale Folwell. The […]]]>

The first hearing of a bipartisan health care consumer protection bill delivered few punches on Tuesday when it comes to accusations of health systems ill will.

Meanwhile, at least one lawmaker at the House Banking committee meeting challenged some of the premises presented by the sponsors of Bill 1039 and state treasurer Dale Folwell.

The bill, filed May 24, is titled the Medical Debt De-Weaponization Act and was drafted at Folwell’s request.

The main sponsors are Democrats Howard Hunter of Hertford and Billy Richardson of Cumberland, and Republicans Ed Goodwin of Chowan and Bobby Henig of Currituck.

There’s also an intriguing mix of 39 conservative and progressive co-sponsors, including Reps Pricey Harrison, D-Guilford, and Reps Lee Zachary and Jeff Zenger, both R-Forsyth.

Tuesday’s addressing of HB1039 was just for discussion purposes, which lasted nearly 40 minutes.

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According to the bill and a statement by Folwell, the bill’s mission is to “create pro-family, anti-poverty and consumer protection legislation that sets parameters around the provision of charitable care and limits the ability large medical establishments to charge unreasonable interest. rates and employ unfair tactics in debt collection.

Folwell’s primary interest in the HB1039 application is its state health plan oversight authority, which has more than 727,000 participants, including current and retired state employees, teachers and legislators. It is the largest purchaser of medical and pharmaceutical services in North Carolina.

“I’m here to defend the invisible,” Folwell said. “With inflation at its highest level in 40 years and North Carolina residents suffering from high anxiety, families need protection from the weaponization of medical debt.

“One way to do this is to ensure that major medical providers are transparent about the availability of financial assistance and that appropriate levels of charitable care are available for working families in need.

“A life-saving procedure shouldn’t cost your life savings.”

Speak out

Goodwin on Tuesday highlighted the “disarming” angle of HB1039.

“Fewer and fewer people can afford healthcare, but they need to have it and they still need to be treated,” Goodwin said.

“But, the way they’re being treated now… doesn’t seem appropriate to me.”

Goodwin focused on his concern that indigent people seeking care in hospitals are being moved away from charity care options and towards “a medical credit card” to pay their medical bills.

Goodwin said he was told that some hospitals also offer medical credit cards as options “to pay for gas, groceries or whatever you want.”

He said he sees offering the option as “taking on a needy charity case, and in this country I thought that kind of stuff was outlawed a long time ago…predatory lending is the way I refer to that”.

Goodwin said this option inevitably puts hospitals in the debt collection business, and they end up hiring third-party debt collectors who receive a portion of the debt paid as an incentive.

Representative John Szoka, R-Cumberland, questioned the accuracy of Goodwin’s presentation, saying he was not aware of any medical credit cards authorized to be used for non-medical purchases.

Szoka also questioned Folwell’s assertion that the weaponization of medical debt includes damage to consumers’ credit scores if they cannot pay their medical bills in the timeframes that health care systems deem appropriate.

Folwell said debt-lowered credit scores can lead to paying higher interest rates for large purchases.

In most cases, medical debt is not included in determining credit scores if the debt remains with the healthcare provider, but is counted if the account is turned over to a collection agent.

According to CNBC’s March reportThe three major credit reporting agencies – Equifax, TransUnion and Experian – have agreed to remove 70% of medical debt information from consumer credit reports starting in July.

The bureaus – Equifax, TransUnion and Experian – say medical collection debt will no longer appear on credit reports if that debt has already been paid.

CNBC reported that debts to debt collectors can linger on a credit report for up to seven years, although the new rule removes them if paid off.

Goodwin also expressed concern about health systems’ reluctance to tell patients the expected cost of their treatment in advance or bury the costs in coding that most people cannot understand.

Goodwin said the answer most people with health insurance tend to get is “you have insurance, don’t worry about it.”

HB1039 would set collection standards for the healthcare system, Goodwin said.

“This bill would allow them (indigent patients) to be treated with more respect than they are now,” Goodwin said.

NCHA Response

The NC Healthcare Association reiterated Tuesday that it has not taken a position on HB1039.

“A first high-level position is that federal law already meets several requirements of the bill, and the NC General Assembly had already passed legislation in 2013 that addresses many state-specific issues related fair billing and collection practices.”

The NCHA said hospitals’ charitable care spending and community benefit investment activities “are transparent and accountable.”

“North Carolina nonprofit hospitals submit annual audits to state and federal tax regulators, who determine that the hospitals are meeting their tax status obligations.

“Non-compliance can result in the revocation of a hospital’s tax-exempt status, which has never happened in North Carolina.”

Healthcare Analytics

HB1039 represents a legislative response to an analysis of nonprofit and nonprofit hospitals in North Carolina released in October by the Johns Hopkins Bloomberg School of Public Health. This analysis was requested by Folwell and the SHP, over which the Treasurer has supervisory power.

The analysis determined that many of these hospitals – including the three largest in the Triad – are not fully honoring their charitable mission. A video link to the presentation is at https://www.youtube.com/watch?v=pL1j4-n3ea8.

The report found that North Carolina’s largest nonprofit hospital systems received tax relief estimated to be worth more than $1.8 billion in 2019-20. In the majority of these systems, charitable care expenditures did not exceed 60% of the value of their tax breaks, the researchers found.

For the major health care systems serving the Triad, the Johns Hopkins report listed the projected annual value of tax exemptions compared to charitable care funding disclosed by the systems.

Atrium Health reportedly received state tax exemptions worth $440.1 million, while providing $260.1 million in charitable care.

Novant Health reportedly received state tax exemptions worth $324.1 million, while providing $179.1 million in charitable care.

Cone Health reportedly received state tax exemptions worth $131.6 million, while providing $105.7 million in charitable care.

Wake Forest Baptist Medical Center, now affiliated with Atrium, reportedly received state tax exemptions worth $210.3 million, while providing $54.8 million in charitable care.

On Tuesday, Folwell reignited a years-long critique of the state’s largest nonprofit health systems by saying they were multi-billion dollar organizations run by multi-million dollar executives.” benefiting from a passive transfer of wealth, especially from low-income people.

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Collector 3 gets a hopeful update from the original director https://ctxetg.com/collector-3-gets-a-hopeful-update-from-the-original-director/ Mon, 06 Jun 2022 13:45:00 +0000 https://ctxetg.com/collector-3-gets-a-hopeful-update-from-the-original-director/ Exclusive: Writer/director Marcus Dunstan shares a hopeful update for The Collector 3, confirming that plans are underway to revive the project. With a few years behind him, co-writer/director Marcus Dunstan has a hopeful update for The Collected. Dunstan co-created the horror film series with frequent writing partner Patrick Melton under the initial name The Midnight […]]]>

Exclusive: Writer/director Marcus Dunstan shares a hopeful update for The Collector 3, confirming that plans are underway to revive the project.

With a few years behind him, co-writer/director Marcus Dunstan has a hopeful update for The Collected. Dunstan co-created the horror film series with frequent writing partner Patrick Melton under the initial name The Midnight Manwhich was read at some point by the producers of the Seen franchise for a potential prequel. Although they wouldn’t move forward, Dunstan and Melton would both join the long-running horror franchise as lead writers. Saw IV through The last chapter and rework The Midnight Man in the years 2009 The Collector Between.

The Collector the films primarily focus on Josh Stewart’s Arkin O’Brien, a former convict desperate to repay a debt who attempts to rob a house, only to discover that the titular psychopath has set gruesome traps around the house. The sequel to 2012, The collection, sees Arkin escape from The Collector’s base and then hired by a wealthy man to help rescue his daughter from the horrible place. Both The Collector and The collection received generally negative reviews from critics and although the second underperformed at the box office, a third installment languished in development hell but could be closer to happening.

VIDEO OF THE DAY

Related: The Collected Updates: Is The Collector’s Sequel Cancelled?

While speaking exclusively with Screen Rant for his new movie InhumanMarcus Dunstan shared a hopeful update for The Collected. The co-writer/director revealed that interest has renewed for the horror trio and plans are underway to try and get the film back on track. Check out what Dunstan shared below:

“You know, I wouldn’t spoil anyone’s hopes, especially my own, and we have hope. Here’s the great thing, there are people working to get this back and it just took a long time. It’s been slow and I think there’s a lot to sort out but we’ll use our time to hope it all works out because we had a chance The coolest thing is you don’t know not all the time if when you go out that high aim will work. So it’s like, there’s no reason to do another one unless it’s the best. Then, man, we let’s get that tease back after we said, “Holy cow!” We never stopped talking and thinking in this universe and it was like, “Okay, there’s something here I’d fall for the sword every day” and I love it, it felt right. So it also keeps my hopes very high, I dream about it. I want to do this, I think it would be awesome al.”


Development on The Collected was a bumpy road, with original studio LD Entertainment originally commissioning the film two years later. The collection will hit theaters only to die in 2018. The horror trio would initially find new life a year later as Dunstan and Melton moved forward with Stewart returning alongside sequel star Emma Fitzpatrick and Halloween III: Season of the Witch star Tom Atkins is Arkin’s father. Initial start of production at the end of 2019, The Collected stopped filming within eight days as props were stolen from the set and the producers were no longer contacting Dunstan.


Dunstan’s latest comments regarding The Collected should be good news for fans of the horror franchise, especially compared to last year when the filmmaker expressed doubts about his revival due to the producers’ apparent disinterest. With the unique torture-based horror subsection enjoying a resurgence in popularity thanks to the latest Seen film Spiral and the next hellraiser reboot, it makes sense that there may be new interest in The Collector 3 and give fans of the genre the trilogy they’ve been waiting to see for The collectionThe end of the cliffhanger. While audiences await further information on the film, they can rewatch the two The Collector and The collection streaming on Prime Video now.


More: Everything We Know About The Collected

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College students and graduates say they are waiting for Biden to forgive student loan debt as he promised https://ctxetg.com/college-students-and-graduates-say-they-are-waiting-for-biden-to-forgive-student-loan-debt-as-he-promised/ Sat, 04 Jun 2022 12:19:00 +0000 https://ctxetg.com/college-students-and-graduates-say-they-are-waiting-for-biden-to-forgive-student-loan-debt-as-he-promised/ (CNN) — This week, President Joe Biden canceled $5.8 billion in federal student debt for more than half a million borrowers, the administration’s largest loan cancellation yet. But millions more are anxiously waiting for Biden to deliver on his campaign promise to forgive $10,000 in federal student loan debt per student. “It’s been such trials […]]]>

(CNN) — This week, President Joe Biden canceled $5.8 billion in federal student debt for more than half a million borrowers, the administration’s largest loan cancellation yet.

But millions more are anxiously waiting for Biden to deliver on his campaign promise to forgive $10,000 in federal student loan debt per student.

“It’s been such trials and tribulations,” said Vinessa Gabriell Russell, a recent college graduate. She became the first in her family to earn a bachelor’s degree, but she also graduates with student debt.

“Last time I checked it was around $48,000. They pick you up,” Russell said.

She said a debt collector called her while she was working, “and they asked for Vinessa and they were like, ‘That’s the debt collector,’ basically.” We were trying to figure out when are you going to pay off your student debt?”

At one point, Russell temporarily dropped out of school.

“I had to leave Columbia and pay the balance due so I could go back,” she said.

But she is not alone. The data shows that there is about $1.6 trillion in federal debt in student loans.

Tayvia Ridgeway, a college junior, wants a six-figure salary, but right now she has nearly six-figure student loan debt.

“I would be between 80 and 100,000 just based on my tuition right now,” she said.

This is even after Ridgeway became a residence counselor to reduce her room and board costs.

“You should get free education because you can’t put a price on knowledge,” she said.

During the campaign trail, Biden promised to forgive $10,000 in student loan debt for each of the 43 million people with federal student loans.

Due to the pandemic, he suspended loan repayments until August 31, but it’s unclear if and when the White House will move forward with some form of permanent loan forgiveness despite pressure from fellow Democrats. at the other end of Pennsylvania Avenue.

“You don’t need Congress. All you need is the flick of a pen,” Senate Majority Leader Chuck Schumer said as he pushed to forgive $50,000 in debt per borrower.

Biden rejected those calls. The White House said Biden is considering debt forgiveness for those earning up to $125,000.

Gabby Bach, like Ridgeway, was a Resident Advisor. She calls it a broken campaign promise.

“And I think that’s something that Biden promised and there’s something that I feel like he hasn’t delivered yet,” she said. “During the campaign, like that, it was something a lot of people who had voted for him, it was something they wanted.”

“I say it would only help a little. If anything, I would like my tuition covered. But, you know, that’s not the world we live in,” Ridgeway said.

Russell said she was glad for any relief.

“It would help me so much. It’s like an emotional experience because it took me so long and I almost gave up, and sorry, just thinking about it,” she said.

The forgiveness of $5.8 billion in student loan debt only applies to the 560,000 borrowers who attended the now-defunct network of for-profit schools known as Corinthian Colleges.

Total student loan debt forgiveness approved under the Biden administration is $25 billion.

Copyright 2022 CNN New Source. All rights reserved.

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Alleged gang leader arrested for trying to hit Cape Town barrister William Booth https://ctxetg.com/alleged-gang-leader-arrested-for-trying-to-hit-cape-town-barrister-william-booth/ Fri, 03 Jun 2022 05:09:55 +0000 https://ctxetg.com/alleged-gang-leader-arrested-for-trying-to-hit-cape-town-barrister-william-booth/ Cape Town-based lawyer William Booth A suspected gang leader has been arrested in connection with an attempted hit. The blow was struck at Cape Town barrister William Booth. Three people, including the alleged gang leader’s wife, had previously pleaded guilty to the charges. A suspected gang leader has been arrested in connection with the attempted […]]]>

Cape Town-based lawyer William Booth

  • A suspected gang leader has been arrested in connection with an attempted hit.
  • The blow was struck at Cape Town barrister William Booth.
  • Three people, including the alleged gang leader’s wife, had previously pleaded guilty to the charges.

A suspected gang leader has been arrested in connection with the attempted hit on Cape Town barrister William Booth.

Moegamat Toufiek Brown, known as ‘Bubbles’, was arrested and appeared in Cape Town High Court on Thursday.

The 25-year-old faces charges of possession of an unlicensed firearm and ammunition, as well as gang-related charges under the Organized Crime Prevention Act, the gatekeeper said. -word of the Hawks, Colonel Katlego Mogale.

The case was adjourned to Monday for the appointment of a legal representative.

Brown is accused of acting as an intermediary in planning and orchestrating the attempted assassination of defense attorney Booth on April 9, 2020.

Several people have been charged in connection with the attempted coup. Brown’s wife, Kauthar Brown, Ebrahim Deare and Riyaad Gasant pleaded guilty.

In terms of the plea and sentencing agreement, Kauthar Brown will serve three years of house arrest, Deare will serve 10 years in prison and Gasant will serve five years in prison.

READ | Three accused of attempted murder of Cape Town lawyer William Booth plead guilty

Charges against a fourth defendant, Kim Smith, were dropped.

Two others – notorious underworld figure Nafiz Modack and Springs debt collector and former rugby player Zane Kilian – are on trial for Booth’s attempted murder. Moegamat Toufiek Brown’s name will be added to the indictment, Mogale said.

Kilian was added to the case after his arrest in connection with the murder of anti-gang unit detective Charl Kinnear, who was shot dead in Cape Town on September 18, 2020. Kilian allegedly rang the mobile phones of Booth and his woman to track Booth’s location.

News24 previously reported that the hit was ordered by a member of the Terrible West Siders gang from prison. Kauthar Brown admitted to planning the hit, and Deare and Gasant were sent to Booth’s address.

Deare admitted to approaching Booth in his garage, where he was standing with his two dogs. He fired five rounds at Booth, before fleeing in a vehicle with Gasant and a driver. The three received payment later that night.


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