Troutman Sanders

NOVEMBER 13, 2023

On November 9, the Department of Education (DOE) announced its plan to implement an oversight strategy of federal student loan servicers that provides several pathways for identifying problems that can harm borrowers, in real-time. For more information, click here. For more information, click here. For more information, click here.

Financial services 52

Financial services Manufacturing Debt Management Debtor 52

Collection Industry News

DECEMBER 17, 2023

. “Every quarter that interest rates stay high results in more developing countries becoming distressed—and facing the difficult choice of servicing their public debts or investing in public health, education, and infrastructure. Surging interest rates have intensified debt vulnerabilities in all developing countries.

Creditors 40

Creditors Banks Education Debt Management 40

Fico Collections

SEPTEMBER 30, 2022

Burcu Çalıcıoğlu has more than 18 years of risk management experience in banking and financial services and held various roles in managing retail credit portfolios, leading risk technology projects, using decision analytics and automated decision systems to solve complex business problems across the credit life cycle.

Retail 52

Retail Startups Banks Financial services 52

Fico Collections

JULY 29, 2020

The six month pause on payments instituted by Australian Banks was certainly not designed to accommodate the situation we now find ourselves in. Further assistance was announced in July offering customers a further four month deferral or the option to restructure their loan. This also has implications for the property market.

Banks 95

Banks Loans Foreclosure Lender 95

Fico Collections

NOVEMBER 30, 2022

The financial institutions who were resilient during the pandemic learned from their experiences in 2008 and were better prepared for inflation. Customers in good standing could be granted payment deferments or loan term extensions. Thu, 08/22/2019 - 12:37. by Cyril Cherian. expand_less Back To Top. Wed, 11/30/2022 - 16:00.

Financial Institution 52

Financial Institution Credit Card Debt Collections Banks 52

Titan Consulting

SEPTEMBER 22, 2020

State and Federal Regulations for Debt Settlement. Consumers in need of debt relief have three primary options to reduce their debt: credit counseling, debt settlement, or bankruptcy. Credit counseling requires the repayment of the debt in full. Credit counseling agencies offer debt management plans or DMPs.

Debt settlement 98

Debt settlement Bankruptcy Unsecured Debt Credit Card Debt 98

Fico Collections

SEPTEMBER 19, 2022

If the debt collector uses electronic communications to reach out, a consumer can use that same mode of contact to send a “cease communication” request or inform the collector they refuse to pay. Banks and financial institutions have always sought to gain a realistic awareness of their customers’ wants, needs, likes, and dislikes.

Collections 52

Collections Debt collector Financial Institution Banks 52