Plans in Motion to Rework Debt Collection for Student Loan Borrowers

According to recent reports, plans have been set in motion to change the way debt collection agencies interact with borrowers. Indeed, the U.S. Department of Education may sever ties with private debt collection agencies.

Why? There have been mounting issues for consumers when it comes to the options these agencies offer them. These changes would be good news for federal student loan borrowers in default. Consumer advocates explain that some delinquent borrowers have shared that the collection agencies have not been forthcoming about the options available to them.

Even worse, there are accusations that some of these third-party collection agencies – like Performant Recovery Inc. and Windham Professionals Inc. – have used predatory practices. The Department of Education’s move to drop private collection agencies is part of a larger initiative to revamp the federal student loan system and better protect the interests of consumers.

In November 2017, the Department of Education put out a press release announcing its vision to overhaul and modernize the federal student financial aid repayment system. As of now, the system is very confusing for consumers; they face multiple brands and vendors during the life cycle of the student aid experience. In fact, borrowers could be assigned to more than one student loan servicer.

Private debt collection firms have also been accused of using aggressive practices. Unfortunately, this has stained the reputation for all firms, making it difficult to secure the services they need to operate smoothly. (Many turn to alternative lenders for a high-risk collection agency merchant account.)

Until the changes to remove private debt collectors from the system are put in motion, there are a few things consumers should know:

  • Borrowers in default have rights. While the student loan borrower may still have to deal with private collectors, the collectors are subject to the rules of the Fair Debt Collection Practices Act. (They cannot threaten arrest or harm, no calling before 8 a.m. or after 9 p.m., etc.)
  • Federal government outreach is increasing to at-risk borrowers. A new policy would start significant engagement with at-risk borrowers as early as 90 days after they become delinquent.

The court documents explain that “[The Education Department] expects these enhanced outreach efforts to reduce the volume of borrowers that default, improve customer service to delinquent borrowers and lower overall delinquency levels.”

Author Bio: Electronic payments expert Blair Thomas is the co-founder of high risk payment processing and collection agency merchant account company eMerchantBroker. He’s just as passionate about his business as he is with traveling and spending time with his dog Cooper.

Key Steps to Create a Foolproof IT Project Plan

Sharepoint integration requires a high level of IT understanding if you wish to be able to implement this integration effectively. Furthermore, you should be cognizant that the presentation of the different possible mechanisms, for example through a few tools representative of each of these modes of exchange, makes it possible to clarify the issue quickly. Moreover, among the risks related to the organization, a number of them directly concern the project team. Also, you should visit http://www.qipoint.com/sharepoint-site-auditing.

Hence, you should keep in mind that your organizational risks should be carefully analyzed. Additionally, you ought to be cognizant that at the end of your first phase, you will have written the expression of your functional needs and, preferably, you will have an estimate of the expected benefits: an expansion of the infrastructure, quality gains, or cost reductions. As a customer, it may also be challenging to protect yourself during this phase and to realize what your system will look like, but it is an essential step that will facilitate the overall process to accomplish the design part of the project entirely.

It is therefore difficult to manage your IT project using a traditional method. For example, these methods may also make it possible for you to quickly relaunch an IT project with regards to the deployment of a system where the overall number of days completed showed an overrun compared to the number of days estimated with regards to the first batch of features. These methods also ensure that these projects will be delivered on time, on budget and with benefit, risk, and quality management. Also, view this link for more data.

As an illustration, it must also be said that for an e-commerce site, your aim may be the overall number of product sales on your entire shop. However, for a showcase site, it will be the total number of contacts or the volume of downloads with regards to a white paper document or a piece of software. Moreover, you should give some thought to the idea that for these systems we can quickly set up personalized functional systems which are stripped of any style and you may then be able to use these for quick validation and communication with the end customer. Also, you should be aware that you will be able to follow these key steps to create a foolproof IT project plan, and you will also be able to lead your IT team with confidence.

Remember, you should also ask yourself: “Are there any issues that you are aware of in advance that may impact your IT project, such as a key worker taking an extended vacation?” Hence, by analyzing the answer to this query, you will be able to plan for these events. On the other hand, you might also wish to give some thought to the idea that you should be sure to specify all the objectives of the overall IT project and each of the different benefits that you may hope to achieve with your IT project. Also, view this link for more data.

The digital marketing trends to watch

The internet has had an enormous impact on the world – how we consume news, how we shop, how we keep up with friends and even how we date. It has also had a huge impact on how companies do their marketing. Digital marketing is the most dynamic and exciting area of marketing and it is changing all the time. Here are the trends you should keep an eye on in 2018 and beyond.

Voice search is getting bigger

When voice search was first introduced by search engines, it was patchy at best. When you tried it out, it was impossible to know what it would end up searching for. However, the technology has improved substantially over the last couple of years. In fact, with Google reporting that its speech recognition for English has hit 95%, Google voice search has become 20% more accurate since 2013. This means that it is approaching human levels of accuracy and errors are being rapidly reduced.

The launch of digital assistants for the home, such as Alexa, means that tech companies are doubling down on voice search as the primary way of searching in the future. This is a future in which most searches are done just by instructing your device with your voice. This affects digital marketing because people’s searches differ between text and voice. For example, if you searched on Google for pizza delivery via text, you would probably type in something like “pizza delivery near me”. However, if you did it via voice search then you would probably be more inclined to use a full sentence like “Where can I get pizza delivered near me?” This means that companies will have to target different keywords when it comes to search engine marketing.

Mobile is king and it’s here to stay

In 2018, mobile truly is the king of the internet. Mobile phones accounted for 52.2% of all online traffic generated, up from 50.3% in 2017. People are using their mobile devices more and more for all aspects of the internet, including on social media – it was reported in 2017 that 95.1% of active Facebook users access the social media platform from their mobile devices, and 85% of the time spent on Twitter is spent by those using mobile devices. Additionally, 48% of buyers now start their online shopping with a search on their mobile device.

All of this means that digital marketers have to be focusing on mobile. You can’t just focus your website on desktop and laptop. Your site needs to look great and be very usable on all platforms and screen sizes. This means that responsiveness is an absolute must. If your site doesn’t have easy to read text, touch-friendly buttons or doesn’t adapt to how the user is holding their phone (either in portrait or landscape mode) then they are going to quickly leave.

AR is coming into its own

Remember Pokémon Go? How it had millions of people wandering outside looking for Pikachus, Blastoises and Charizards (or whatever the plural of those are)? It was a worldwide phenomenon for a few months. It was also a great example of augmented reality (AR) in action. AR is also having a huge impact on how companies market their products and services. AR allows companies to bring marketing into the world of consumers. For example, IKEA has come up with an excellent AR experience where customers can use their smartphones to browse the catalog and then insert any product they wish to into the room they are in, just using AR. It’s very cool, genuinely useful and generated hype around IKEA.

Video is the key to social media

Creating a shareable video for your brand’s social media channel can have a huge impact on your digital marketing efforts. Platforms such as Facebook and Twitter are actually changing the algorithms of users’ timelines to highlight videos over images and text. Over 100 million hours of video are watched on Facebook every single day. Video should be the number-one focus for digital marketing, according to Valentino Vaschetto. Valentino Vaschetto works for Iconic Industries, a leading marketing agency based in San Diego and the U.S. Virgin Islands.

Conclusion

These are the trends that are currently dictating digital marketing, but who knows what could be round the corner that we don’t even know about yet. Make sure to keep an eye on these trends and change your digital marketing campaigns accordingly.

Fine Details for the Proper Floral Arrangement

The floral bouquets are a great way to decorate your home. They are a way to bring nature indoors and to fill your day with color and fragrance. The best thing is that by using fresh flowers, you can change them periodically and bring variety to your environments. In addition, floral arrangements are cute gifts that express how much you appreciate your loved ones. But if there is something even better than a floral arrangement, it is a floral arrangement that you have made yourself. If you decide to make your own arrangements, you can personalize them and develop your creativity with a relaxing and entertaining hobby. Do not worry, making floral arrangements is not as difficult as it seems, here are some expert tips to assemble bouquets for yourself.

Get fresh flowers

The most important thing to achieve a bouquet that is attractive and lasts as long as possible is to use the freshest flowers possible. Whether you buy loose flowers or pick them from your garden, look for flowers that have firm stems, that do not have their heads bent. Avoid dry leaves or withered or fallen petals, and if possible get flowers that are not too open. The Silk floral arrangements are essential now.

Do not neglect the foliage

What distinguishes a normal bouquet from a special bouquet is attention to detail. While it is possible to make a bouquet simply with flowers, the foliage serves to frame the colors and highlight them. Find green and shiny leaves, as well as small ferns and flowers that serve as a complement. If you are using flowers with dark and deep colors, choose dark green foliage, but choose light leaves if your flowers are pastel or bright.

Find a nice paper to wrap it

A bouquet of flowers is a gift, and every gift needs a wrap. Get cellophane paper or tissue paper in a color that complements that of the flowers chosen for the bouquet. If you really want to get an impression, get a nice ribbon to make a bow as a nice detail.

Pay attention to the length of the stems

When you are ordering the flowers you have chosen, the length of the stems is an important factor. Locate the longest ones in the center of the bouquet, and add the rest, always keeping the longer ones in the center. As you add flowers, insert ferns and foliage, but never place foliage with long stems far from the center of the bouquet.

Do not forget what you want to convey with the bouquet

Before starting to assemble your bouquet of flowers, you should know what it is you are seeking to convey with him. Choose flowers, foliage and paper with care to convey that feeling. The flowers you give away may have a special meaning, so do not forget it when you are putting together your arrangement.

Meaning Of Car Insurance Renewal

When it comes to insurance, renewals are defined as the subsequent premium amounts paid by the policyholder to the company in order to keep the policy active and avail the benefits.

Car Insurance Renewal and Benefits

The future cannot be guaranteed. It changes every day. Nature takes on its course and all we can do is protect ourselves as well as our vehicles. Mandatory by law, car insurance renewals online not only are necessary, but also provide benefits such as:

  • Protection against man-made or natural calamities in addition to third-party claims for damages incurred.
  • Provides benefits to family members/dependents in cases of accidental deaths.
  • Provides legal protection by covering against lawsuits in cases of accidents or damage caused by the third party.
  • Covers damages caused by any loss of parts or theft of the vehicle.
  • Additional discounts in terms of discount on premium amounts in cases of owning more than one policy with the same insurance company. This provides an added advantage by extending the coverage to others who drive the car with the owner’s permission.
  • No claim bonuses are offered on renewals if claims have not been made during the previous policy tenure.
  • Car insurance renewal policy also acts as a personal accident cover.
  • Voluntary deductible refers to the minimum amount that the owner bears at the time of making a claim. The higher the deductible the policyholder pays, the lower will the premium amount.
  • If the car is installed with an ARAI approved anti-theft device, the insurance company offers an additional discount. The discount simply implies that the anti-theft device makes the car less liable to be stolen.
  • Renewal policies offer a privilege membership for members of the Automobile Association and to certain professionals such as Defence Personnel, Doctors and Government employees.

Things to Know About Car Insurance Renewal

  • Certain things should be kept in mind while purchasing car insurance renewable policies.
  • It is always beneficial to add add-ons to your plans as this will help in lowering the premium amount.
  • Upon renewal date, the earlier the policy is renewed, the better, as early bird offers provide additional discounts. It is best to renew the policy before the due date.
  • False declarations should be totally avoided as this will result in a lapse of the policy immediately or rejection of claim.
  • For cars that come with inbuilt security features (anti-theft alarms, immobilizers, GPS systems), the ARAI provides an additional 2.5% discount on the premium amount.
  • Buying the car insurance renewal policy online saves money in processing and distribution costs and provides additional discounts compared to offline renewals. The online renewal process is simpler and quicker. There is no need to submit documents or verification. Online facilities have the option of storing your documents in a secured user account thus saving precious time. Within a few clicks, the car insurance policy is renewed, all from the comfort of your house or through mobile apps in case of vacations.
  • In case of renewing an expired car insurance policy, the policyholder needs to intimate the company and should not drive the car till it is insured again. Failing to do so can lead to a heavy financial loss. It is always good to compare different renewal policies before making any decisions. Once the decision has been made, the insurance company sends a surveyor to check the conditions of the car. Upon receiving a positive survey result, the policy should be bought as soon as possible, as the inspection done is not valid beyond 24 hours.
  • One should also note that car insurance renewals do not provide coverage in case of damage to the car caused by an accident while driving under the influence of alcohol or drugs; intentional or deliberate accidents; illegal activities like invalid driving license and driving on the wrong side of the road; and regular wear and tear of car parts.
  • Cancellation of the car insurance renewal policy is possible, in a hassle-free way. The policyholder will only have to show the purchase of a new policy to replace the current policy.
    • Insurance companies offer a minimum of the free-look period, extending up to 14 days. During this time, the terms and conditions in the documentation can be reviewed by the owner.
    • The policy can be returned back, in case of dissatisfaction, before the free-look period expires.
    • Upon examination, if found valid, the insurance company cancels the policy within a week.
    • In case the policy is returned after the free-look period, the insurance company charges a cancellation fee. This amount depends on the number of months passed from the start of the cover period.
    • Policy cancellation requests are unaccepted after the completion of 8 months.

Car insurances are deemed void in cases of lapsed policies. Thus it is mandatory to renew car insurances on time.