Top Creditor Collections Today Original Creditor Debt collector Content for Fri.Sep 18, 2020

Daily Digest – September 18. Appeals Court Forbids Incentive Payments in Class Action Suits; Judge Dismisses Whistleblower Suit Filed by Agency Employees

Account Recovery

SEPTEMBER 18, 2020

APPEALS COURT RULES INCENTIVE PAYMENTS IN CLASS ACTION SUITS ARE FORBIDDEN The Eleventh Circuit Court of Appeals ruled yesterday in a Telephone Consumer Protection Act case against a debt collector that incentive payments for the named plaintiff in a class-action lawsuit are illegal under Supreme Court precedent dating back more than 130 years.

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MyBalanceOnline.com Relaunches as Promptd™ Payment Portal

BYL Collections

SEPTEMBER 18, 2020

BYL Collections offers a secure customer payment portal for our consumer-facing clients called MyBalanceOnline.com. We're excited to announce a relaunch and upgrade from MyBalanceOnline to Promptd™ Payment Portal. The new payment portal is more user-friendly and personalized to increase payment performance and customer satisfaction.

Healthcare

Healthcare Debt Recovery Collections

Appeals Court Rules Incentive Awards in Class-Action Suits Are Forbidden

Account Recovery

SEPTEMBER 18, 2020

The Eleventh Circuit Court of Appeals ruled yesterday in a Telephone Consumer Protection Act case against a debt collector that incentive payments for the named plaintiff in a class-action lawsuit are illegal under Supreme Court precedent dating back more than 130 years. A copy of the ruling in the case of Johnson v.

Debt collector

Judge Dismisses Whistleblower Lawsuit Filed By Collection Agency Employees

Account Recovery

SEPTEMBER 18, 2020

A District Court judge in Illinois has dismissed a whistleblower lawsuit filed against a healthcare provider, medical debt collection agency, and a medical billing company, alleging they engaged in a “ghost payroll” scheme that resulted in a larger Medicare payment from the federal government than the provider was entitled to.

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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.

Collections

‘Click to Pay’ Simplifies Online Checkout With Credit Cards

Nerd Wallet

SEPTEMBER 18, 2020

Credit card payment networks are eliminating separate secure online payment systems — such as Visa Checkout, Masterpass and Amex Express Checkout — for a unified system called “Click to Pay.”

How to Remove CACH LLC from Your Credit Report

Better Credit Blog

SEPTEMBER 18, 2020

This means that they have either been hired by your old creditor or have acquired the debt from them to profit on your payments. Either way, CACH LLC will need to open a collections account on your credit report in order to legally pursue payment. It is essential that you validate the debt before you make any payments on it.

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How to Remove National Credit Services from Your Credit Report

Better Credit Blog

SEPTEMBER 18, 2020

National Credit Services is one such debt collector that may contact you if you fail to make payments on an overdue bill. Either way, they will open a collections account on your credit report in order to legally pursue payment. National Credit Services makes their money by coercing payments out of you in any way that they can.

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How To Identify High-Risk Businesses

Micro Bilt

SEPTEMBER 18, 2020

Identifying a high-risk business is as simple as understanding your industry and how payments are processed through your website.

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.

Collections

How finance professionals make a difference in the order-to-cash process

On Guard

SEPTEMBER 18, 2020

Although data does provide insight into a customer’s current situation, software of course can’t analyse the personal circumstances that could impact invoice payment. It is therefore crucial for organisations to put the customer first and ensure that tailor-made solutions are delivered with the individual customer in mind.

Credit Management

How to Remove Southwest Credit Systems from Your Credit Report

Better Credit Blog

SEPTEMBER 18, 2020

This can include the balance, account number, date opened or closed, account or payment status, or any other information that appears inaccurate. After you receive the agreement in writing, make your first payment, and check your credit report after 30 days. If not, reach out to them and remind them of your arrangement.

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