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Nerd Wallet
MAY 27, 2021
Find the latest on $10,000 debt cancellation: Updates on Biden student loan forgiveness plans Paused student loan payments: Details on the federal student loan forbearance Details on free college: White House proposes free college tuition. Anna Helhoski writes for NerdWallet. Anna Helhoski writes for NerdWallet. Email: anna@nerdwallet.com.
Account Recovery
MAY 27, 2021
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Nerd Wallet
MAY 27, 2021
Skipping a couple of credit card payments in a row could not only hurt your credit rating and cost you late fees, but it could also cost you more in interest because of a penalty APR — a sky-high rate slapped on the credit card balance. Some credit cards don’t charge penalty APRs, but many. Gregory Karp writes for NerdWallet.
Debt Guru
MAY 27, 2021
The minimum payment is not the total amount you owe. Your credit card statement will show you both the minimum payment amount and your total balance. Sure, there might be times when you can’t quite swing the entire outstanding amount, but even in those situations, you should make more than the minimum payment.
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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.
Direct Recovery
MAY 27, 2021
But with that in mind, you might want to consider getting flexible and being open to adjusted payment plans to accommodate consumers in difficult situations. Keep Excellent Notes.
Credit Corp
MAY 27, 2021
A nest egg can help you with the down payment for these things (or even help you pay them in full if you want to avoid taking on more debt!). These options can be invaluable to building the life that you want, and building a nest egg will help give them to you. Large Purchases. Do you want to buy a new home? Or make any other large purchase?
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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.
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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