Account Recovery
APRIL 7, 2022
As expected, the federal government yesterday announced that it was extending the moratorium on making student loan payments for an additional four months — to August 31 — but added in an extra wrinkle that will impact those in the accounts receivable management industry: The 7 million borrowers who are in default on their student … (..)
Account Recovery
MAY 18, 2022
A study that has been published in the American Journal of Preventive Medicine gives companies in the accounts receivable management industry that collect on student loan debt another arrow in their quiver to convince individuals to pay off their debts — if you don’t do it, you have a higher risk of being diagnosed with … The post (..)
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Account Recovery
OCTOBER 11, 2021
The Department of Education on Friday announced the creation of a new enforcement office that will watch over postsecondary institutions to “vigorously” ensure that rules are being followed and named an individual that should be familiar to many in the accounts receivable management industry to run the office.
Account Recovery
JUNE 8, 2023
The moratorium on student loan payments is coming to an end, and there are probably plenty of people in the accounts receivable management industry who are happy about that — most notably companies that specialize in collecting on unpaid student loans.
Account Recovery
OCTOBER 19, 2023
Concerns about the impact of individuals having to start making their student loan payments again on the economy are overblown, according to a report released by researchers from the Federal Reserve Board of New York.
Account Recovery
MAY 4, 2021
A familiar name is coming back to help regulate the accounts receivable management industry. trillion of student loans. … The post Cordray Tapped to Run Federal Student Loan Program appeared first on AccountsRecovery.net. .
Account Recovery
JANUARY 30, 2023
In what should come as a surprise to nobody in the accounts receivable management industry, the average credit scores for consumers increased during the pandemic, according to a report released last week by the Consumer Financial Protection Bureau.
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