article thumbnail

Katabat Platform to Support SoFi Ominchannel Personal Loan Collections

Katabat

3, 2019 – Katabat, a leading global supplier of debt management software solutions, today announced that SoFi, a leading personal finance company in the U.S., The post Katabat Platform to Support SoFi Ominchannel Personal Loan Collections appeared first on Katabat. WILMINGTON, Del.,

article thumbnail

FAQs About Debt Management Plans

Debt Guru

A debt management plan (DMP) is an agreement between a debtor (that’s you, the person in debt) and a creditor (think: your bank or your credit card company) that tackles your outstanding debt. If you’re feeling buried under the weight of multiple debts, a DMP might be the solution to escape the crush.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

8 Ways to Consolidate Credit Card Debt 

Credit Corp

Types of credit card consolidation include credit card consolidation loans, balance transfer credit cards, home equity loans, HELOCs, retirement loans, cash-out auto refinance, family loans, and debt management plans. You can go about consolidating credit card debt in a few different ways.

article thumbnail

?eská spo?itelna Modernizes Operations With Debt Collection Optimization

Fico Collections

itelna, the Czech Republic’s oldest and largest bank, has modernized its operations by optimizing its decisions around customers in early collections. The use of FICO prescriptive analytics, in this case, debt collection optimization, has improved customer satisfaction and reduced agent call minutes by 25 percent. Not just at ?eská

article thumbnail

The Best Debt Consolidation Loans

Better Credit Blog

Whereas rates on credit cards can be 13-25%, average rates on personal loans are 14-18%,” says Toms. Even if your debts have already lowered your credit rating, or it wasn’t that high to begin with, you still have options. Payment Schedules: “Most personal loans have terms of 36-60 months with strict payment schedules.

article thumbnail

The Best Debt Consolidation Loans

Better Credit Blog

Whereas rates on credit cards can be 13-25%, average rates on personal loans are 14-18%,” says Toms. Even if your debts have already lowered your credit rating, or it wasn’t that high to begin with, you still have options. Payment Schedules: “Most personal loans have terms of 36-60 months with strict payment schedules.

article thumbnail

Debt After Death: 9 Things You Need to Know

Credit Corp

If beneficiaries can’t or won’t assume the loan, they can sell the property to settle the debt instead. At that point, their bank will sell the property to recover the mortgage debt. Car Loan Debt. Car loans held in joint names generally pass straight to the other borrower. Student Loan Debt.