article thumbnail

Q2 Industry Insights: Higher Monthly Expenses for Consumers, Regulatory Guidance for Financial Institutions

True Accord

Breaking this down, auto loan account originations were up 0.7%, first mortgages were up 18.2%, while personal loans, HELOCs and second mortgages all grew significantly as well. For lenders or collectors engaging with distressed borrowers, here are ways digital can boost your efforts: 1. increase month over month in May.

article thumbnail

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

Credit Corp

Other professions have programs that help repay student loans with monthly assistance, one-time payoffs, or matching funds. No matter what or when, contact your lender if you believe you will be unable to make a student loan debt payment. Lenders are usually very open to figuring out a payment plan. Why is it important?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How Can You Pay a Loan with a Credit Card?

Credit Corp

Can you pay a loan with a credit card? Yes, paying a loan with a credit card is sometimes possible. Yet, whether or not you can do so depends on factors such as the lender’s policies or the type of loan you want to pay off. Are you looking for a creative way to pay off your loans?

Loans 96
article thumbnail

Finvi’s Katabat Solution Chosen by Harmoney to Support Multiple Loan Management Platforms

Katabat

Harmoney selected Finvi’s Katabat solution to support its efforts of changing the traditional personal lending model to put the customer at the center, and to use technology and data to make money more human. About Harmoney Harmoney is the only 100% consumer-direct personal lender operating across Australia and New Zealand.

Loans 52
article thumbnail

4 Ways To Remove Collections From Your Credit Report

Better Credit Blog

With some newer scoring models of FICO and VantageScore, they ignore a collection marked as “paid”, though many lenders still utilize older formulas that will still weigh a paid collection account against you. When you apply for new credit, lenders know your old lenders lost money on your accounts. GC Services.

article thumbnail

Trends In FDCPA Litigation Filed Against HOA Attorneys

FDCPA Defense

1992) (emphasis added, citation and quotation marks omitted) (personal loan from friend used to start software business not a “debt” under the Act: “Neither the lender's motives nor the fashion in which the loan is memorialized are dispositive of this inquiry.”). Healthcare Revenue Recovery Grp., See Bloom v.