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How You Can Bank for the Planet: A Review of Socially Responsible Banking Options

Credit Corp

B Corporations are certified by the B Lab , a nonprofit that verifies institutions on five categories: Corporate governance Community impact Environmental impact Worker treatment Customer treatment. Climate First Bank. Climate First has committed to being carbon neutral and never funding oil and gas extraction. B Corporations.

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Cost Segregation Study: Claim Faster Property Depreciation in Your Taxes

Nexa Collect

There’s an additional depreciation category for components of real property which can be converted into personal property with shorter depreciation periods. In general, there are exceptions to most or all categories of assets. 4) Qualified leasehold improvement property.

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Understanding Overdraft Programs (Part 1)

Fico Collections

With the change in the regulatory climate, overdraft programs have been drawing scrutiny, but the need remains for consumers. Our discussion explored the shifting regulatory landscape, banks’ latest overdraft program changes, and what’s next with regulations on overdraft. What is driving this wave of changes?

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How Consumer Credit Trends Impact Debt Collection in 2024

True Accord

Today’s current economic climate is already influencing consumer spending and credit in 2024, and is becoming a hot topic for businesses seeking to engage past-due customers. Despite inflation and high interest rates, consumers helped the economy end the year in a far better position than most predicted. We saw an increase to 101.4

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The Future of Collections & Compliance: A Conversation with TrueAccord’s Associate General Counsel and Director of User Experience

True Accord

Lauren Valenzuela [LV]: Needless to say, over the last 10 years the CFPB has fundamentally changed how we think about and approach compliance. It is something that is dynamic and that must constantly evolve and mature in order to be effective, because our environment is constantly changing. The Current State of Compliance.

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How Consumer Credit Trends Impact Debt Collection in 2024

Collection Industry News

Today’s current economic climate is already influencing consumer spending and credit in 2024, and is becoming a hot topic for businesses seeking to engage past-due customers. Despite inflation and high interest rates, consumers helped the economy end the year in a far better position than most predicted. We saw an increase to 101.4

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ESG Goals: Hoist Finance Makes Debt Resolution Greener

Fico Collections

With the UN’s Cop26 climate change conference beginning next week in Scotland, financial services firms are under pressure to do more to protect the planet. The Cop26 goals for finance state that “every financial decision needs to take climate into account.” For an example, look at European debt management company Hoist Finance.