Mon.Apr 11, 2022

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Daily Digest – April 11. N.Y. DFS Issues Guidance to Help Understand New SOL Rules; Judge Grants Motion for Defendant Over Interest Disclosure, Settlement Offer in Letter

Account Recovery

DFS Issues Guidance to Help Understand New SOL Rules; Judge Grants Motion for Defendant Over Interest Disclosure, Settlement Offer in Letter appeared first on AccountsRecovery.net.

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N.Y. DFS Issues Guidance to Address ‘Potential Confusion’ Over New SOL Rules

Account Recovery

DFS Issues Guidance to Address ‘Potential Confusion’ Over New SOL Rules appeared first on AccountsRecovery.net.

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Bilt Rewards: What it Is, Why Travelers Should Pay Attention

Nerd Wallet

But, whether you’re paying rent or a mortgage, it can be difficult or costly to earn credit card rewards for making these payments. Housing costs are one of the biggest expenses for most households. With its innovative new credit card, Bilt Rewards seeks to change all that for renters. In this article, you’ll learn what.

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Seven Ways to Get Out of Debt in 2022

Better Credit Blog

Although accruing lots of debt isn’t ideal, it may sometimes be unavoidable, such as mortgage payments or student loans. If you’re past due on your card and loan payments and your grace period has ended, it may go to collections. To start, you’ll lower all your monthly payments to meet the minimum amount due for each.

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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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Troutman Pepper Weekly Consumer Financial Services COVID-19 Newsletter

Troutman Sanders

On April 6, the CFPB published a report, showing that few payday loan borrowers benefit from no-cost extended payment plans, which must be offered to borrowers in the majority of states that do not prohibit payday lending. Instead of using the payment plans, borrowers continue to pay for costly loan rollovers.

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The Perfect Credit Score: Understanding the 850 FICO Score

Fico Collections

Payment history accounts for 35% of a FICO® Score and, not surprisingly, we see that those with an 850 basically have no reported history of missed payments, collections or derogatory information. . Many people assume that to get an 850 you should have no credit debt.

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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