Remove Accounts Receivables Management Remove Creditors Remove Healthcare Remove Personal loans
article thumbnail

Q2 Industry Insights: Higher Monthly Expenses for Consumers, Regulatory Guidance for Financial Institutions

True Accord

If you’re a creditor or collector working with financially distressed borrowers, considering consumer situations and preferences when attempting to collect and employing digital strategies to boost engagement are more important than ever. Experian reports that overall 30+ days past due (DPD) accounts showed a 0.4%