Wed.Jul 22, 2020

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What Debt Repayment Trends Can Teach Us About Consumer Needs

True Accord

All of these actions indicate that a person is reviewing their options—a serious first step toward payment. Payments are scheduled around paydays. Based on TrueAccord data, it’s clear that consumers prefer to make payments on Fridays more than any other day of the week. There is another surge in payments during the holidays.

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What Does a Chapter 13 Repayment Plan Look Like?

Sawin & Shea

Your bankruptcy plan will allow you to catch up on payments and settle your debts while giving you a chance to keep your home treasured belongings. If you have a job but you’re struggling to make your payments every month, Chapter 13 can help. It’s a smart choice to file for Chapter 13 bankruptcy. In fact, the U.S.

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The Secret to Lower Delinquencies

Click Notices

The one common problem that plagues nearly every Property Manager is tenants missing rent payments. Without it, you risk missing payments to vendors and/or producing a negative return on your investment. Sending late rent notices consistently is a great way to remind your tenants that a payment is due and to reduce delinquency rates.

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Construction Industry Webinar: Bond Law for Subcontractors and Suppliers

Jimerson Firm

This webinar is the third part of the series and covers bond law for subcontractors and suppliers, including payment bonds on Federal and Florida public and private construction projects, and the steps that should be taken to perfect, preserve and recover on their payment bond claims.

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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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Consumers Getting Shut Out of HELOC’s as an Option to Raise Cash During the Coronavirus Pandemic

Titan Consulting

The CARES Act offers limited relief in the form of one-time direct payments and extended unemployment benefits, but for many, it is not enough to shore up finances. JP Morgan Chase changed standards by requiring higher FICO scores and larger down payments on home loans along with lower LTV (loan to value) limits on refinances.

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Debt Collection: COVID-19 Response, Furnishing, and Regulatory Scrutiny

Collection Industry News

Hardship policies address situations where a collection agency knows, or has a reason to know, a consumer cannot afford payments. Revisit hardship policies—or implement one—that properly account for COVID-19.

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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