Hudson Weir

NOVEMBER 21, 2023

Transfer of Undertakings Protection of Employment regulations came into force in 2006, replacing the 1981 regulations of the same name. We will explore what they are, responsibilities of employers, what happens if an employer fails to abide by them and how they work for an insolvent company. This is known as a business transfer.

Trade 52

Trade Creditors Collections 52

Taurus Collect

SEPTEMBER 18, 2023

When it comes to managing international collections, one key aspect that often stands as a challenge for businesses is international credit checking. Ensuring the creditworthiness of international clients is vital to prevent financial losses and enhance the efficiency of your collections process.

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Collections Bankruptcy Creditworthiness Debtor 52

Taurus Collect

MAY 11, 2023

Debt collectors call at all hours of the day and pressure is put on borrowers to quickly make payments in full. It’s important to understand how credit card debt collection works so that you can find the best way for your individual situation. They may ask for payment or offer a repayment plan.

Credit Card Debt 52

Credit Card Debt Collections Collection Agencies Collections Agency 52

True Accord

JANUARY 10, 2024

If you’re a creditor or collector working with financially distressed borrowers, considering consumer situations against the economic landscape and accommodating their financial needs and preferences when collecting is critical to your success. In October, the first month of resumed payments, 8.8

Student loans 58

Student loans Student Loans Loans Banks 58

Better Credit Blog

JUNE 1, 2022

Borrowing money costs more when you have bad credit — and your choices for a loan will be limited — which is why we have helped you narrow down your list by finding the top 6 best personal loans for bad credit. Use this time to fix your credit before applying for loans. Installment terms up to 72 months.

Personal loans 86

Personal loans Loans Lender Collateral 86

Hudson Weir

MARCH 8, 2024

We would always suggest speaking to a professional advisor about your individual circumstances. These fiduciary duties are designed to promote trust and confidence in how directors manage their companies’ affairs. Your duties are to run the company in a way that does not negatively impact its financial health.

Creditors 52

Creditors Government 52

Taurus Collect

MAY 11, 2023

This blog post will provide an in-depth look at when and how you can send a non-paying tenant to collections. We will discuss the different strategies you can use for pursuing payment from your tenant, as well as any pros and cons associated with filing a report with the credit bureaus (if applicable).

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Collections Collection Agencies Collections Agency Debt Recovery 52

The Kaplan Group

JUNE 23, 2020

Normally on this blog we give advice to our clients and creditors who are owed money. Here are some tips for both debtors and creditors considering a payment plan as a way to resolve an issue. DO ask to create a payment plan. Your creditors do not want you to go out of business or declare bankruptcy.

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Credit Counselor Bankruptcy Creditors Debtor 59

Fico Collections

DECEMBER 8, 2022

Credit risk management veterans who responsible for consumer loan portfolio risk management through the Great Recession can recall managing the challenge of responding to swiftly changing borrower payment behavior and the resulting portfolio delinquency and default rate volatility during that time. FICO Admin. Tue, 02/18/2020 - 14:57.

Lender 52

Lender Acquisition Financial services Loans 52

Better Credit Blog

FEBRUARY 17, 2022

Refinancing your auto loan can help reduce your current interest rate and monthly repayment while decreasing the total interest you pay. Given the potential for lowering your debt, it’s certainly an option worth thinking about, especially with the bonus of saving in the long run. Ads by Money. Vehicle age and mileage.

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Loans Lender Credit Unions Credit Unions 73

Better Credit Blog

APRIL 1, 2022

The best personal loans charge low fees and low fixed interest rates, have flexible loan amounts and terms, and have no prepayment penalties. Read on to see how they compare and make an informed decision as you shop for personal loans. Shoppers can find private student loans, auto loans , business loans, mortgages , and personal loans.

Personal loans 65

Personal loans Loans Lender Student loans 65

Better Credit Blog

APRIL 2, 2022

Let’s take a close look to see whether Fiona should help with your personal loan shopping. How Fiona Loans Work. 6.79% – 149% depending on your credit and the lender you choose. Loan Terms. How Does A Fiona Loan Work? Your monthly payments will also go to your lender and not Fiona.

Personal loans 80

Personal loans Loans Student loans Student Loans 80

PDC Flow

MARCH 4, 2021

Companies that accept ACH payments online: are you prepared for Nacha’s coming rule changes? Nacha, the governing body in charge of maintaining the safety and security of the ACH payment network, has created new guidelines for accepting WEB debits. Every missed payment requires an agent to reach back out and reinitiate a payment.

Banks 56

Banks Financial Institution Education Government 56

Fico Collections

JUNE 8, 2023

Steve is an industry thought leader who had previously served as TrueCar’s Senior Vice President of Strategy and Business Development, and AutoTrader.com’s Vice President of Product Management and Business Development, overseeing the acquisitions of vAuto, Kelley Blue Book, HomeNet Automotive, VinSolutions and DealerScience.

Lender 52

Lender Retail Acquisition Creditworthiness 52

PDC Flow

MARCH 23, 2021

An essential part of running an accounts receivable business is keeping up with trends that will impact the industry and your agency. With the recent changes caused by coronavirus, new regulations and emerging technology, it’s important to understand the risks your company faces. Risk Prevention and Risk Shifting.

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Collection Agencies Collections Agency Education Collections 96

Taurus Collect

APRIL 3, 2023

This blog post will break down everything companies outside of the UK need to know before recovering debts from British residents or businesses. With this knowledge at hand, your business can be set up for successful cross-border debt collections and a smoother workflow system overall!

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Debt Recovery Debtor Collections Collection Agent 52

Better Credit Blog

AUGUST 21, 2020

Not only are they notoriously rude, but having a debt collector on your tail can mean that your credit score is about to take a dive. MRS BPO LLC is contacting you because they are now responsible for collecting a debt on behalf of your original creditor. How to Remove MRS BPO LLC From Your Credit Report.

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Debt collector Original Creditor Collection Agencies Collections Agency 92

Better Credit Blog

APRIL 1, 2022

If you’re trying to find a mortgage lender for your next property purchase, you’re probably comparing multiple providers. Offering some of the lowest interest rates and competitive loan terms out there, they are a great option with both first-time home buyers and seasoned mortgage owners looking to refinance.

Lender 76

Lender Loans Financial Institution Retail 76

PDC Flow

MARCH 2, 2021

Operational risk management in the workplace has always been a concern for business owners and managers. Risks and Liabilities to Manage as Part of Your Operations. Here are a few examples Valenzuela presented that you should consider when creating your 2021 risk management plans. Workers’ Compensation. Negligence. Data Breach.

Financial services 89

Financial services Collections Education Government 89

Fico Collections

JANUARY 6, 2021

Posts dealing with debt collection were among the most popular on the FICO Blog last year, for obvious reasons. Fortunately, our bloggers stepped up with timely analyses of the challenges facing lenders in an era of payment holidays, furloughs and higher unemployment. E.g. was it: Furlough and if so with what degree of protection?

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Collections Loans Lender Government 98

Better Credit Blog

AUGUST 25, 2020

Notice an entry from Mccarthy Burgess & Wolff on your credit report? If MB&W is contacting you and has made an appearance on your report, it’s important to act quickly to get it removed. When a collections account makes its way onto your report, it can do a surprising amount of damage to your credit score.

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Debt collector Collection Agencies Collections Agency Third-party Debt Collectors 52

Better Credit Blog

FEBRUARY 15, 2021

If you’ve received calls or letters from FCO Collections or noticed the name on your credit report, you probably have questions. Collections agencies like FCO may show up on your report when you forget to pay a bill or fall behind on your payments. How FCO Collections Works. How to Deal with FCO Collections.

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Collections Collection Agencies Collections Agency Debt collector 52

Better Credit Blog

NOVEMBER 3, 2020

You likely have an old debt hanging over your head that they are trying to collect payment on. Collection agencies like Advanced Collection Services can also have detrimental effects on your credit score. Steps to Remove Advanced Collection Services from Your Credit Report. Get a Free Copy of Your Credit Score.

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Collections Collection Agencies Collections Agency Debt collector 98

Fico Collections

DECEMBER 12, 2022

However, in terms of artificial intelligence (AI) and analytics, 2022 has been a great year for FICO, my data science team, and AI innovation in general. This patented technology can provide insight in investigating payment card fraud, detecting cyber security threats, credit risk, and identifying money laundering activities. .

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Retail Banks 52

Better Credit Blog

SEPTEMBER 9, 2020

Sunrise Credit Services is a debt collector that has been hired by your old creditor to collect payment on your debt. They may also have purchased the debt to profit off your payments. Either way, they are legally able to collect the debt because they have opened a collections account on your credit report.

Debt collector 101

Debt collector Collections Loans Creditors 101

Better Credit Blog

NOVEMBER 25, 2020

If you have an old medical bill hanging over your head, you may begin to hear from a company called Assetcare LLC. In order to collect money from you, they have either purchased your debt from the original provider or have been contracted to collect payments from you. How to Remove Assetcare LLC from Your Credit Report.

Debt collector 52

Debt collector Education Collections Fair Debt Collection 52

Better Credit Blog

NOVEMBER 25, 2020

If you have an old medical bill hanging over your head, you may begin to hear from a company called Assetcare LLC. In order to collect money from you, they have either purchased your debt from the original provider or have been contracted to collect payments from you. How to Remove Assetcare LLC from Your Credit Report.

Debt collector 52

Debt collector Education Collections Fair Debt Collection 52

PDC Flow

MAY 4, 2021

There are countless risks associated with running a business and tactics for preventing or responding to them are always changing. Zugsay explained that you’re likely to face unavoidable risks in your business but understanding your business insurance policy can help. . 2) Insuring agreement. 3) Exclusions.

Financial services 55

Financial services Collection Agencies Collections Agency Consumer Credit 55

Fico Collections

SEPTEMBER 27, 2021

In our previous blog post I examined the shifting regulatory landscape, recent changes in bank overdraft program changes, and what’s next with regulations on overdraft. You are about to pitch a new capability that will address the need for short-term liquidity for nearly half of US consumers. Consider the following setting.

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Banks Retail Startups Financial Institution 52

Better Credit Blog

OCTOBER 14, 2020

Has your credit score taken a dive due to debt in collections? When a collections agency like Accelerated Financial Solutions gets access to your debt, it can drop your score and make your day-to-day life more stressful. AFS collects for businesses in several industries, including the following: Commercial debt.

Debt collector 52

Debt collector Third-party Debt Collectors Collection Agencies Collections Agency 52

Better Credit Blog

APRIL 1, 2022

Whether you’ve seen this name on your phone, in a letter, or on your credit report, you might be wondering how to proceed. The longer you avoid a debt collection agency like Credence, the more damage the agency can do to your credit score. How They Work. Your Consumer Rights. Credence RM.

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Third-party Debt Collectors Collection Agencies Collections Agency Fair Debt Collection 73

Debt Free Colorado

JANUARY 10, 2022

Every case is different, which is why you need a competent bankruptcy attorney to help determine which type of bankruptcy fits your circumstances. . So, how do you choose which bankruptcy is right for you? Bankruptcy laws are in place to protect not just the debtor, but also the creditors. Bankruptcy Defined.

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Chapter 13 bankruptcy Chapter 7 bankruptcy Bankruptcy Creditors 59

Better Credit Blog

FEBRUARY 25, 2021

If the name above is on your credit report, you’ve probably received phone calls and letters from the agency as well. First Federal is most likely on your report as a collections entry because of an unpaid bill. Because collections accounts can lower your credit score, it’s important to act quickly to get them off your report.

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Collection Agencies Collections Agency Debt collector Collections 52

Better Credit Blog

JULY 7, 2020

When you owe a debt to a collections agency, it can hurt your credit score for years. Whether you forgot to pay a bill a few years ago or you think the agency is contacting you by mistake, there are a few strategies you should use to get DRS off your credit report for good. How Does Direct Recovery Services Work?

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Collection Agencies Collections Agency Fair Debt Collection Collections 52

Better Credit Blog

APRIL 6, 2022

If you’re ready to tackle improving your credit, a credit repair service can help save you time, energy, and a whole lot of hassle. Credit repair companies challenge items on your credit report that are inaccurate, incomplete, or unverifiable. They will also recommend the best package based on your negative item breakdown.

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Debt settlement Creditors Credit Counselor Loans 105

Fico Collections

AUGUST 3, 2022

FICO World 2022 was an excellent event with a stellar fraud protection and compliance track - here's some of what we learned. Intrepid payments professional that I am, my thoughts are still lingering on what a great event FICO World 2022 was, the amazing fraud insights we shared, and how excited I already am for FICO World 2023.

Banks 52

Banks Financial Institution 52

CICM

JUNE 9, 2021

In addition to that, the British economy was among the most affected in terms of health and economy in 2020. Expect higher customer credit risk, more collection effort due to more late payments, and a higher dispute case volume because of late delivery. How Insolvencies and Trade Disruptions Will Impact Credit Managers.

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Credit Management Trade Creditors Collections 40