Collection Industry News

NOVEMBER 8, 2021

The report further noted several caveats for this finding, including that consumers with low credit scores may be more likely to experience errors in the first place, or that these consumers are more likely to monitor their credit reports frequently due to experiencing credit denials more often.

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Student loans Student Loans Retail Loans 40

Collection Industry News

NOVEMBER 8, 2021

Borrowers can have their wages garnished, have their tax refunds and federal benefits garnished or withheld, pay high collection fees, lose access to benefits, and experience damaged credit. Being in default comes with severe consequences that continue regardless of the age of borrowers’ debts.

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Student loans Student Loans Education Garnishment 52

Collection Industry News

NOVEMBER 8, 2021

As that oversight plays out, we expect incumbent players in the payment and financial services ecosystem to see substantial advantages as a result of their experience in complying with applicable consumer financial protection laws (GLBA), Reg.

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Financial Institution Financial services Banks Lender 40

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The experiences of every generation are characterized by their behaviors involving finances. Understanding these attitudes and using them to inform marketing messages enables community banks, regional banks and credit unions to better serve their customers.

Credit Unions

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Collection Agencies

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Click here to download the full webinar demo and learn how MeridianLink® Collect can streamline the staff—and borrower—experience. Here are four ways MeridianLink Collect can support your team: Omnichannel communications Compliance rules & checklists Workflows & queues One interface with supporting integrations And that’s just the start.

Collections