Nexa Collect

AUGUST 10, 2020

A factoring company will ask to look at your customer’s payment histories, and if they regularly pay you late, you’ll be less likely to qualify for invoice factoring. When you sell invoices to a factoring company, they’ll contact your customers to let them know where where to remit payment.

Creditworthiness 130

Creditworthiness Collateral Loans Collection Agencies 130

Credit Corp

AUGUST 10, 2020

How much you have to pay each month—known as the minimum payment—depends on how much your balance owed is. With an installment loan, the amount of your monthly payment is determined by your loan agreement, not the balance due. The only factor more important is whether you make your payments on time.

Loans 97

Loans Student loans Student Loans Lender 97

Public Citizen

AUGUST 10, 2020

I have also decried the firm’s tendency to demand excessive damages payments far above what could likely be recovered in litigation. 

Lawyers 81

Lawyers Judgment Law Firms Collections 81

Troutman Sanders

AUGUST 10, 2020

Federal Activities: On August 8, 2020, President Donald Trump signed a number of executive orders related to the COVID-19 pandemic, including one that will defer payments on all student loans held by the Department of Education and waive all interest until December 31, 2020. Privacy and Cybersecurity Activities.

Financial services 52

Financial services Student loans Student Loans Education 52

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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.

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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

Banks