The Kaplan Group

SEPTEMBER 10, 2020

All too often during the collection process our clients need to consider which is best for them, a lump sum payment with at a significant discount of what they are owed or a long-term payment plan for the full amount. They paid $23,000 but then defaulted in March, going three months without making any payments.

Debtor 59

Debtor Collections Judgment 59

Account Recovery

SEPTEMBER 10, 2020

For her, the joy in seeing an employee or new hire learn a new concept is the same as getting a payment in full. GETTING TO KNOW PAM HARDY OF FROST ARNETT Pam Hardy is a teacher at heart and has found a home at Frost Arnett. Read on to learn more about Pam and … The post Daily Digest – September 10.

Collections 147

Collections 147

Debt Recoveries

SEPTEMBER 10, 2020

This is where you can politely inquire if everything is on track for the customer to make payment by the due date. I just wanted to drop you a quick note to remind you that [amount owed on invoice] in respect of our invoice [invoice reference number] is due for payment on [date due]. Still no payment? Best regards.

Collections 59

Collections Debt Recovery Collection Agent Credit Management 59

True Accord

SEPTEMBER 10, 2020

As we noted in our report Consumer Debt in the Age of COVID-19 , consumers flocked toward paying off their debt in full, as a result of the cash payments of the CARES act. But with a lack of additional stimulus payments coming, the next few months will be unpredictable. We’ll be watching this news closely. •

Fair Debt Collection 90

Fair Debt Collection Debt collector Collections Banks 90

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Collections

On Guard

SEPTEMBER 10, 2020

Through increased integration, the user benefits from additional data exchange and real-time status information – for example, pending payments, remittance advice and updated dossier information from the collection agency. The Marketplace provides an overview of add-on modules that improve and accelerate the order-to-cash process.

Collection Agencies 52

Collection Agencies Collections Agency Debtor Collections 52

Fico Collections

SEPTEMBER 10, 2020

But I decided to dig a little further by reaching out to my network of payments and fraud professionals on LinkedIn to get their opinion. Consumers are taking “mobile to the max” by using their phones for mobile deposit, contactless payments and person-to-person payments. Were they expecting this crime to rise?

Financial Institution 52

Financial Institution Banks Trade 52

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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

Speaker: Ryan McInerny, CAMS, FRM, MSBA - Principal, Product Strategy

May 18th, 2023 at 9:30 am PDT, 12:30 pm EDT, 5:30 pm BST

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