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Q4 Industry Insights: Looking Good on Paper, Feeling Bad in Wallets, Everyone’s Uncertain on Financial Outlook

True Accord

In addition to specific actions targeting offenders in the consumer financial services industry, the CFPB announced myriad other topics of interest to close out 2024 with a sharp focus on protecting consumers and their data. What Does This Mean for Debt Collection? in December and the highest since May last year.

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FTC Action Leads to Court Order Halting Phantom Debt Collection Scheme That Took Millions from Consumers and Threatened Consumers’ Credit, Homes, and Employment

Collection Industry News

When consumers visit the websites set up by the defendants for the bogus debt collection companies, they are again faced with false warnings that failure to pay these fake debts could result in garnishment of the consumers wages, along with lawsuits and impacts to their credit.

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TrueAccord Announces Organizational Changes to Executive Leadership Team

True Accord

Digital-first debt collection fintech readies for continued B2B and B2C expansion with strategic leadership reorganization. TrueAccord empowers many of the estimated 77 million consumers who are in debt every year to get on a path to better financial fitness.

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Avoid Debts During X-Mas / New Year Season through Wise spending Habits – Some Tips & Tricks

Firms

If you want to celebrate, you need money and when you don’t have it, you approach your friends or financial institutions that lend you money. So here are some tips and tricks that can save you some serious money and keep you away from a Debt Collection Company this X-Mas and New Year Season: Set an Affordable Budget for Spending.

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Sila Offers Customers Digital Debt Collection Services through New TrueAccord Partnership

True Accord

a fintech software platform that provides payment infrastructure as a service, today announced that it partnered with TrueAccord, the leading debt collection company offering intelligent, digital-first collection and recovery solutions, to make it easier for Sila’s customers to use TrueAccord’s products and services.

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Recourse Factoring and How it Can Benefit Your Business

Debt RR

Businesses can attempt to collect debt internally, putting a lot of time and resources into establishing processes and procedures, or they can use a debt collection agency that already has these processes in place. Using a debt collection company saves time and money, but what are some of the ways they can help a business?

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The Seven Habits of Highly Effective Credit Managers

Debt Recoveries

Hi, my name is Adam Stewart, Debt Collection Expert and owner of Debt Recoveries Australia. Since forming a debt collection company many years ago, I have had the opportunity to meet many small and medium enterprises (SME’s) and company owners and see how they manage their accounts receivable internally.