Tue.Dec 22, 2020

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UK Cards Report: Concerns Over Post-Christmas Payments

Fico Collections

Payment holidays on existing credit agreements are also probably taking the pressure off outgoings and giving some consumers a false sense of financial wellbeing. There could be a real issue after Christmas as payment deferrals come to an end in early 2021 and furloughs at the end of April (unless they are once more extended).

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9 Apps That Will Help You Manage Your Debt

Credit Corp

Whether you make your debt payments on time makes up 35% of your credit score. Making on-time payments is one of the smartest ways to use your debt to your advantage. iOS Pay Off Debt Motivation to make your debt payments $4.99 This makes it easier to stay in contact with one another and to stay on top of existing debt.

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Scam Alert: Second Relief Bill, Vaccine Rollout Attract Fraudsters

Nerd Wallet

The arrival of vaccines and legislation that would send out a second round of relief payments bring new opportunities for fraud. One side effect of the coronavirus pandemic is an abundance of criminals trying to take advantage of people. Knowing the latest schemes and keeping a healthy skepticism can help you avoid being victimized.

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PDCflow 2020 Year in Review

PDC Flow

In June, PDCflow Chief Operating Officer Ed Bills sat down with Stephanie Eidelman of insideARM as part of the iA Think Differently series to discuss the benefits of bringing payments to consumers. In August, PDCflow’s Ed Bills chatted with Needleman about how to use your payment system to: . iA Think Differently Interview. Learn More.

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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.

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PenFed Pathfinder is Now a Visa: New Features, but Also a New $95 Fee

Nerd Wallet

Formerly known as the PenFed Pathfinder Rewards American Express® Card, the card has switched payment networks from AmEx to Visa and is now the PenFed Pathfinder Rewards Visa Signature Card. After taking a long break from applications, PenFed’s popular Pathfinder travel credit card is back with some new features — and also an annual fee.

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Take Advantage of Student Loan Breaks Before 2020 Ends

Nerd Wallet

But many already benefited from some unprecedented events in 2020: An administrative forbearance has paused most federal loan payments interest-free since March. Talk of student loan forgiveness has borrowers looking forward to 2021. The forbearance has also halted collections on defaulted loans. Interest rates fell to historic lows.

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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.

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Everything You Need to Know About Crypto

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