Mon.Dec 21, 2020

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Should You Refinance Part of Your Student Loans?

Nerd Wallet

A month later, the government suspended most federal loan payments interest-free until September. If she could do it over, Vy Chuong says she would. Chuong, 26, from Seattle, refinanced roughly $55,000 in federal student loans with a private lender in February. That break has since been extended through January 2021.

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9th Cir. Reverses Trial Court Ruling in Favor of Defendant on FDCPA Claim Related to Bankruptcy

Collection Industry News

A property management and debt collection company received the debtor’s HOA arrearage payments through the bankruptcy plan and advised the bankruptcy trustee in March 2014 that the debt was “paid in full,” despite the amount paid being less than the amount stated in the HOA’s proof of claim. 1328(a).

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What Is a Soft Credit Check?

Credit Corp

This lets you see how you’re doing in the five major areas that impact your score, which include payment history, credit utilization, credit age, credit mix and hard inquiries. Sign up for our Credit Report Card. Checking your own credit score or reports, including through products such as ExtraCredit, are not hard inquiries.

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European Fraud Predictions 2021: 5 Top Trends – with a Twist

Fico Collections

Here’s the fraud-trend twist: In 2020, Authorized Push Payment (APP) scams are expected to eclipse card fraud in the UK for the first time , fueled by niche schemes related to the pandemic. Prediction 1: Scams Will Become the Leading Fraud Type — and Not Just in the UK.

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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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Top 10 Changes to Consumer Bankruptcy Proposed in the Consumer Bankruptcy Reform Act of 2020

Collection Industry News

Under the current Bankruptcy Code, consumers’ bankruptcy cases may be converted to a different chapter or dismissed as “abusive” if consumers choose to spend their money on certain “luxury” expenses, such as private school tuition, expensive vehicles payments, and support payments for adult children. Debtors’ Attorneys Paid over Time.

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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