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Reshaping Debt Collections with the QCR Accelerator

Qualco

THE NEW ERA OF CONSUMER LENDING In today ’ s rapidly evolving financial landscape, the significant increase in consumer lending presents new challenges for financial institutions, particularly in managing collections. INTRODUCING QCR ACCELERATOR The QCR Accelerator is a collections solution developed by QUALCO.

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What Happens After a Personal Loan Bankruptcy Discharge?

Sawin & Shea

The Chapter 13 plan reorganizes your various debts, including personal loans, into a monthly payment plan that lasts three to five years after your filing date. Unlike Chapter 7 , you’ll pay part of the money you owe on unsecured debts, but most Chapter 13 payment plans reduce the total amount you’ll need to pay.

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Is Debt Settlement Legit?

Titan Consulting

State and Federal Regulations for Debt Settlement. Non-profit and for-profit credit counseling agencies assist with budgeting, set up a debt management plan (DMP), and work with creditors to lower the interest rate on enrolled accounts.

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An In-Depth Guide to Bank Account Garnishment in Texas and How to Avoid It

Debt RR

Common reasons for bank account garnishment in Texas include: Private creditors: These are banks, credit unions, credit card companies, peer-to-peer lenders, hard money loan providers, and other financial institutions. This debt can include anything from credit cards to past due balances on office space.

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Troutman Pepper Weekly Consumer Financial Services Newsletter

Troutman Sanders

On April 26, the CFPB, noting a rise in credit card delinquencies, released a new blog post analyzing civil judgments, the final recourse for creditors to collect on unsecured debt. According to the CFPB, civil judgments are “both common and unevenly distributed.” For more information, click here.

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How to Ensure Financial Security in the Future–in 12 Steps

Credit Corp

Pay down debt. For most people, the way to do this is to get rid of unsecured debt that they carry month to month. Many financial institutions let you arrange automatic withdrawal from a checking account to a savings account. Per above, minimizing utilization will generally improve credit scores.