Tue.Aug 24, 2021

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Payment Management Software Features: Organizational Hierarchy

PDC Flow

That’s why managers and business owners are turning to payment management software to help keep things organized. PDCflow’s organizational hierarchy keeps consumer payment details in order and allows company administration to control staff access to sensitive information. Organizational Hierarchy and Payment Management.

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Judge Grants MSJ in FDCPA Case Over Disclosure in Letter

Account Recovery

Or that disputing a debt and making a payment are mutually exclusive? Is there a way for a debt collector to structure a collection letter to make it appear that it is mandatory for the consumer to dispute the debt?

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4 Common Debt Consolidation Mistakes and How to Avoid Them

Nerd Wallet

Debt consolidation is when you combine your debts into one payment, usually with a consolidation loan. If you’ve amassed multiple forms of debt, like credit cards, medical bills or personal loans, you might be considering consolidating. Not only does this simplify your debt, but if you qualify for a low enough rate, you can pay.

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How Does Credit Counseling Work and Is It Right for You?

Credit Corp

If you work with your credit counselor to set up a debt management plan (DMP), you will make a monthly payment to your credit counselor who will pay your creditors on your behalf. A debt settlement company helps you negotiate payment arrangements with creditors that are satisfactory for both you and the companies you owe.

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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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What is a good credit score range?

Better Credit Blog

Payment history: (35 percent). According to MyFico , they look at whether you have stuck to revolving accounts (which is to say credit cards, retail store cards and a home equity line of credit) or if you also have a fixed payment installment account such as a mortgage, auto loan or student loan. Amounts owed: (30 percent). Ok, got it.

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Vacation Loans: 8 Things to Ponder to Make the Best Choice

Credit Corp

And, you also need to make payments well after your trip is over. Typically vacation loans require no collateral and should get paid in fixed, once-a-month payments. Permanent periodic payments : Borrowers can access money when needed and then make stable payments over time. What Is a Vacation Loan?

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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