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TCPA Class-Action Filed Against Lender Accused of Making Collection Calls After Consent Had Been Revoked

Account Recovery

A class-action lawsuit has been filed against Harley-Davidson Financial Services, accusing the lender of violating the Telephone Consumer Protection Act and the Illinois Consumer Fraud and Deceptive Business Practices Act because it allegedly contacted the plaintiff on her cell phone after she had revoked consent to be contacted.

Lender 246
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WIll New York Bar MCA Lender Yellowstone Capital and Subs from New York?

FFGN COLLECT NY

The named lenders and officers have utilized New York courts to do their dirty work. billion from the lenders, money that was collected from small businesses through interest and fees. If you have a matter involving a merchant cash advance that you need assistance with, contact Frank, Frank, Goldstein and Nager.

Lender 52
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How SBA Lenders Ensure Expense Recovery in Loan Liquidation and Litigation

Jimerson Firm

Lenders should be cognizant about what expenses are classified by the SBA as recoverable or non-recoverable. Expenses incurred by a 7(a) Lender or CDC that failed to liquidate the SBA Loan in accordance with Loan Program Requirements, including those pertaining to Liquidation or Litigation Plans. What Expenses are Recoverable. .;

Lender 98
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New York Amends Contact Requirements For Certain Delinquent Borrowers

Collection Industry News

Laws 48) , amending single point of contact requirements for certain delinquent borrowers. The obligation arose in response to a written or electronic request from the borrower, and required the lender (or a servicer acting on the lender’s behalf) to provide the SPOC within 10 business days of such request.

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Collections Economics 101 for Digital Lenders

True Accord

based lender following GAAP accounting, the lender’s net loss rate (or net charge off rate) is the ultimate metric. For lenders, even the largest international banks, loan losses are the largest expense line in the budget so it’s important to prepare for those losses. How do lenders and debt collectors use roll rates?

Lender 52
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The Five Best Mortgage Refinance Lenders

Better Credit Blog

The Most Important Factors For Mortgage Refinance Lenders. The first reason is that it’s possible that interest rates, i.e. the money you pay back to your lender for the principal of your loan, might have dropped since you acquired your original mortgage. And there’s a great deal of lenders that do not offer this service.

Lender 52
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The Five Best Mortgage Refinance Lenders

Better Credit Blog

The Most Important Factors For Mortgage Refinance Lenders. The first reason is that it’s possible that interest rates, i.e. the money you pay back to your lender for the principal of your loan, might have dropped since you acquired your original mortgage. And there’s a great deal of lenders that do not offer this service.

Lender 52