Payment Savvy

JANUARY 27, 2021

If your customers cannot trust you’ll keep their online payments safe, they’ll have no reason to support your business. Here are three ways you can keep customer online payments safe. Store Customer Payment Data Safely. There are several ways to safeguard customer online payment data. Online Payment Security.

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Nerd Wallet

JANUARY 27, 2021

Or you wanted to save up for a down payment on a house, then the recession left you out of a job. Setting money goals in 2020 was likely an exercise in futility. Maybe you’d been saving for a trip abroad, but the pandemic kept you at home. The pandemic made achieving yearlong goals a. Sean Pyles writes for NerdWallet. Twitter: @SeanPyles.

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Debt Guru

JANUARY 27, 2021

In a nutshell, a DMP groups your outstanding unsecured debts (like your credit cards and medical bills) into one payment and creates an affordable four- to six-year repayment plan. A debt manager will work with your creditors on your behalf to reduce your interest rates, waive or reduce any penalties, and lower your monthly payment.

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Better Credit Blog

JANUARY 27, 2021

They are a debt collection company that works with companies that are having difficulty recovering payments from customers. They will open a collection account on your credit report prior to contacting you for payment. If they are desperate enough for you to make your payments, they may agree to delete their collection account.

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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.

Collections

Better Credit Blog

JANUARY 27, 2021

If a company called BC Services has been calling you demanding payment, you may be pretty confused. BC Services is a third-party debt collector that has been hired by a healthcare provider to whom you owe money to get you to make payments on a debt. Who is this company? How did they get my information?

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Better Credit Blog

JANUARY 27, 2021

When you miss a payment on a bill, you run the risk of being contacted by a debt collector such as Burr & Reid. Before contacting you for payment, a debt collector has to contact the major credit reporting agencies and open a collections account. Not only that, but they will wreak havoc on your credit score as well.

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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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