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Industries with the Best and Worst Recovery Rates

Nexa Collect

Credit Unions. Manufacturing. Engineering. Interior Design. Travel Agent. Distribution. Medical / Athena. Construction. Publishing. Retail/Consumer Misc. Pest Control. Auto Supply & Repair. Restoration Companies. Commercial. Contractors, Special Trade. Medical Supplies. Rentals, Equip, etc. Non Profit. Pharmaceutical.

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Average Recovery Rate of a Collection Agency

Nexa Collect

School, Fuel/Oil/Propane, Printing, Lawn & Garden, Snow Removal, Business Services, Plumbing, Heating, Air, Engineering, Interior Design, Restoration, Publishing and Credit Unions. These industries have a moderate recovery rate: ( 25%-40%). Telephone Communications, Elementary/ High School and Medical. Social Services Misc.,

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What to Do Before You Lease a Car

Credit Corp

You get to drive a newer car, and many repair costs may be covered by the manufacturer’s warranty or the lease agreement. Auto loans can be found at banks, credit unions, car dealers, and online. Leases, on the other hand, are largely controlled by the manufacturer. Shop Around for a Car and a Lease.

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Federal Cannabis SAFE Banking Act Bill Gains Steam with Backing from Michigan Financial Institutions and Government

Fraser

House of Representatives passed the Secure and Fair Enforcement Banking Act of 2019 (“Safe Act”), which would prohibit regulators from terminating or limiting either deposit or share insurance of a financial institution for doing business with a cannabis company. In September 2019, the U.S.

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The Lenders Giving Borrowers Second Chance Loans

Credit Corp

And her bank wouldn’t give her and her husband Larry a loan to buy a replacement home. It let the Woods replace their home with a new, safe, affordable, energy-efficient manufactured home. The award was for expansion of an innovative financing program for manufactured housing mortgage loans. But the roof was falling in.

Lender 98
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Connecticut Becomes Latest State to Enact a Commercial Financing Disclosure and Registration Law

Troutman Sanders

Notably, if the Banking Commissioner determines that the commercial financing disclosure laws of another state meet or exceed the Connecticut Act’s requirements, a provider may use that state’s form instead. The Connecticut Act goes into effect on July 1, 2024.