Fri.Aug 13, 2021

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Does Paying the Principal Lower a Monthly Car Payment?

Nerd Wallet

Paying extra toward the principal won’t lower your monthly car payment. The article Does Paying the Principal Lower a Monthly Car Payment? It may save you money in the long run by shortening the loan. Shannon Bradley writes for NerdWallet. Email: sbradley@nerdwallet.com. Shannon Bradley writes for NerdWallet.

Loans 91
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All About National Financial Awareness Day

Credit Corp

Handle Student Loan Payments. Millions of borrowers in America were already behind on their student loan payments when the coronavirus pandemic hit in early 2020. Those measures are currently set to end on September 30, 2021—after that, payments will resume. Not done with your education yet?

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Refinancing a Car: What Are the Pros and Cons?

Nerd Wallet

The benefits of refinancing your car loan can include lowering your monthly car payment, reducing the interest you pay or shortening your loan term. The downsides to auto loan refinancing can include fees, additional interest if you extend the term or cash out equity, and the risk of owing more than the car is worth.

Loans 93
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What Is a Short-Term Business Loan? A Definitive Guide

Credit Corp

The payments automatically come out of the business account in line with the loan agreement. Payments are daily, weekly, or as otherwise agreed. These payments get taken daily, weekly, or as otherwise agreed. The company receives a plastic card to use for purchases or making other payments. Merchant Cash Advance.

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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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Continued Collection Activity Following Unsubstantiated Identity Theft Claim Does Not Violate FDCPA

Troutman Sanders

Ad Astra Recovery Services , an individual claiming to be Brittney Blackmon obtained a payday loan in her name and then never made a payment. In Blackmon v. The debt was subsequently assigned to defendant collection firm Ad Astra Recovery Services, Inc. Years later, Blackmon contacted AARC by telephone to dispute the 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