Tue.Nov 24, 2020

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Negotiating Payment Plans: Successful Strategies for Call Centers

PDC Flow

Payment negotiations are the most important part of accounts receivable. If agents don’t know the best tactics for setting up payment plans or collecting higher dollar amounts, you will routinely leave money on the table. Top down means starting every conversation asking for payment in full. Better Recurring Payment Plans.

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A Breakdown of Innovative IVR Payments

Payment Savvy

Innovative IVR payments (Interactive Voice Response) are a commonplace technology that allows customers to make payments over the phone using an automated system. This system handles simple payment requests, and for more complex issues, customers can be directed to a live representative to discuss. Types of IVR Payments.

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5 Ways to Combat Fraud During the Holidays

Fico Collections

Payment card fraud, identity theft , account takeover and digital payment fraud have all increased significantly since March 2020. At the other end of the spectrum, scams, or as the industry calls it 'authorized push payment fraud' can have traumatic, long-term effects. Tip #3: Use Trusted Payment Methods.

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How To Remove ACS Inc From Your Credit Report

Better Credit Blog

Especially since the start of this year, many Americans have been struggling to manage their bills or make payments on existing debts. ACS Inc is a collection agency that works with lenders and creditors to recover payments on defaulted loans or unpaid bills. Don’t make your first payment to them until you receive this document.

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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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How To Remove 09 Tempoe LLC From Your Credit Report

Better Credit Blog

When you fail to make payments on your loan, 09 Tempoe LLC will move the bill to collections. This can help you determine if 09 Tempoe LLC is reporting false information about your debt or if they are trying to collect payments from you on someone else’ debt. However, you can run into major trouble if you default on your loan.

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Chase Credit Journey Review

Better Credit Blog

The TransUnion model uses the following 6 factors to calculate your score, listed from most impactful to least: Late payments: Your payment history is the biggest factor, with derogatory marks hurting your score. Late payment. Missing a payment. Making timely payments for a set amount of months. Credit Alerts.

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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