Troutman Sanders

JULY 19, 2021

Like most industries today, Consumer Finance Services businesses are being significantly impacted by the novel coronavirus (COVID-19). Troutman Pepper has developed a dedicated COVID-19 Resource Center to guide clients through this unprecedented global health challenge. You may access this interactive tool at [link].

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Financial services Foreclosure Debt collector Banks 52

True Accord

JULY 16, 2020

The worldwide spread of COVID-19 has ushered in a wave of unprecedented health and economic uncertainty that has rippled through every aspect of life. Here are four key trends from the report: 1. Consumers chose to leverage CARES Act checks to pay off debts. rose by 10.5% rose by 10.5%

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Troutman Sanders

JULY 5, 2023

On July 3, the Office of the Comptroller of the Currency (OCC) released a list of Community Reinvestment Act (CRA) performance evaluations that became public during the period of June 1 through June 30. Of the 19 evaluations made public this month, 14 are rated satisfactory, four are rated outstanding, and one needs to improve.

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PDC Flow

MARCH 2, 2021

What if you have employees who are still at an office and get covid at work?” Covid-19 also opens businesses up to the possibility of wrongful death claims. There could be consequences for your agency if you don’t ensure employees are adhering to the Fair Credit Reporting Act. Katie Zugsay Esq. Negligence.

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Financial services Collections Education Government 91

Fico Collections

JANUARY 8, 2021

In this category, COVID-19 was a pressing topic but didn’t dominate the discussion as it did in the Debt Collection & Recovery category. What kind of credit risk does she pose? Finding Business Opportunities From Covid-19. “Is Is COVID-19 ’the Turn’?” Here are our top 5 posts from 2020. #1.

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Better Credit Blog

JANUARY 27, 2021

Are you getting calls from a company named Bay Area Credit Service? The worst part about dealing with them is their effect on your credit score. They will open a collection account on your credit report prior to contacting you for payment. What is Bay Area Credit Service? Ask Lex Law for Help. Ask Lex Law for Help.

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Fico Collections

AUGUST 18, 2022

The COVID-19 pandemic and the rising cost of living have intensified this issue – however, there may be opportunity for banks that are willing and able to help consumers improve their financial future. Financial Wellness: How Banks Can Help Their Customers. Wed, 09/09/2020 - 15:36. expand_less Back To Top. Thu, 08/18/2022 - 08:40.

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Fico Collections

JANUARY 26, 2022

In 2021, the financial services world continued to grapple with the uncertainty brought on by year two of the COVID-19 pandemic. FICO® Score At 716, Indicating Improvement In Consumer Credit Behaviors Despite Pandemic. It serves as a broad-based, independent standard measure of credit risk.

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Fico Collections

JUNE 23, 2021

Department of Justice (DOJ) – specifically the Fraud Section -- releases its “year in review” report. The 2020 Year in Review report released on February 24 reflects a remarkable record of FCPA prosecutions in 2020 (albeit slightly down from 2019) notwithstanding the ongoing COVID-19 pandemic. About the Fraud Section.

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