Top Creditor Collections Today Accrued Interest Collections Content for Tue.Sep 21, 2021

Shift4 Payments Review 2021: Pricing, Features, Alternatives

Nerd Wallet

SEPTEMBER 21, 2021

Shift4 Payments helps small businesses accept several different kinds of payments, both in person and online. The article Shift4 Payments Review 2021: Pricing, Features, Alternatives originally appeared on NerdWallet. Tina Orem writes for NerdWallet. Tina Orem writes for NerdWallet. Email: torem@nerdwallet.com.

LendUp No Longer Offers Installment or Single-Payment Loans

Nerd Wallet

SEPTEMBER 21, 2021

LendUp, an online lender that offered high-interest installment and single-payment loans to borrowers with poor credit, no longer originates new loans, according to a company spokesperson. The article LendUp No Longer Offers Installment or Single-Payment Loans originally appeared on NerdWallet. Annie Millerbernd writes for NerdWallet.

Loans

Loans Lender Personal loans

Cordray Talks About ‘Defining Moment’ As Student Loan Forbearance Ends

Account Recovery

SEPTEMBER 21, 2021

If anything, Richard Cordray understands that restarting a behemoth like federal student loan payments is not as simple as flipping a switch and the gravity of the importance in making sure that the restart is done properly is not lost on him, based on a speech that he gave last week before the Education Finance … The post Cordray Talks About (..)

Student loans

Student loans Student Loans Loans Education

Why You Shouldn’t Put Your Credit Card in the Sock Drawer

Credit Corp

SEPTEMBER 21, 2021

Over the years, the prevalent form of payment has migrated from barter, to cash, to checks, to credit and debit cards. And payment methods continue to evolve — a 2021 GoCardless survey showed that 76% of Americans would like to decrease their use of credit cards. 4 Reasons to Reach for the Credit Card Instead of Your Debit Card.

Trade

Trade Banks Loans

10 Ways to Improve Payment Collections with Salesforce

For finance teams using Salesforce’s powerful CRM technology, automation can transform accounts receivable processes, driving efficiency and delivering measurable results like cost savings, reduced customer churn, and lower DSO.

Collections

Amazon And Walmart Are Cutting Out Banks As They Crack The Code For Finance

Collection Industry News

SEPTEMBER 21, 2021

But if financial technology firms, or fintechs, can match their success in grabbing a chunk of digital payments from banks – and boosting their valuations in the process – lenders may have to respond, analysts say. Connectivity between different systems is the future,” said Shahrokh Moinian, head of wholesale payments, EMEA, at JPMorgan. “We

Banks

Banks Startups Financial services Lender

CFPB Says Renters At Risk As Pandemic Safety Net Ends

Collection Industry News

SEPTEMBER 21, 2021

The CFPB’s report compared homeowners and renters and found that, on average, renters’ economic conditions were significantly more responsive to relief measures such as stimulus payments and changes in unemployment benefits. When those programs end, the report states, renters and their families may be at heightened risk.

Credit Card Debt

Credit Card Debt Government Financial services Consumer Credit

5 Options for Your Money Before Student Loan Payments Resume

Nerd Wallet

SEPTEMBER 21, 2021

The Biden administration has extended the federal student loan payment pause a final time, meaning borrowers won’t owe money or accrue interest until February 2022. The article 5 Options for Your Money Before Student Loan Payments Resume originally appeared on NerdWallet. While a new NerdWallet survey. Email: erin@nerdwallet.com.

Student loans

Student loans Student Loans Accrued Interest Loans

Fee Shifting: Is It Time To Revise Your Rate Structure?

NCBA Law Practice Management Blog

SEPTEMBER 21, 2021

If you’re taking credit card payments anyway, why not automate those? You’ll need to res e t your fee agreement ( to get permission to do so from your clients ) and tweak your payment management process ; but, that’s a pathway to eliminating accounts receivable. -If If you want to revise your fee structure, we can help!

Law Firms

Law Firms Creditors

When It Comes to Collections Software, “Good Enough” Isn’t Good Enough

With delinquencies, and the number of consumers looking for payment assistance on the rise, it may be time to consider an efficient cloud-based software to support your team. Are you finding some snags in your collections process? Learn how MeridianLink® Collect has helped financial institutions like yours streamline collections processes.

Collections

Waves of Small Business Insolvency expected over next few years

UK debt collections

SEPTEMBER 21, 2021

Supply chain disruption leaves many open to supply shortages and inflation which will limit growth, but we also expect SME payment terms and the length of time it takes to get paid for orders to rise as public support comes to an end.’.

Manufacturing

Manufacturing Construction Government Bankruptcy

Digital Debt Collection: How Consumer Preference Can Drive Higher Revenue

PDC Flow

SEPTEMBER 21, 2021

Improving the customer experience through technology can be a big win for companies struggling to engage people in the payment process. Consumers making a payment should encounter minimal roadblocks, and should have as many options as possible to best serve their needs. Accepting web chat payments can make settling debts easier.

Collections