Remove Accounts Receivables Management Remove Collections Remove Student Loans
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Student Loan Debt Leads to Higher Chance of Heart Problems Later in Life: Study

Account Recovery

A study that has been published in the American Journal of Preventive Medicine gives companies in the accounts receivable management industry that collect on student loan debt another arrow in their quiver to convince individuals to pay off their debts — if you don’t do it, you have a higher risk of being diagnosed with … The post (..)

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Gov’t Extends Student Loan Moratorium, Wipes Out All Existing Defaults, Delinquencies

Account Recovery

As expected, the federal government yesterday announced that it was extending the moratorium on making student loan payments for an additional four months — to August 31 — but added in an extra wrinkle that will impact those in the accounts receivable management industry: The 7 million borrowers who are in default on their student … (..)

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Bracing for the End of Student Loan Payment Moratorium

Account Recovery

The moratorium on student loan payments is coming to an end, and there are probably plenty of people in the accounts receivable management industry who are happy about that — most notably companies that specialize in collecting on unpaid student loans.

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Student Loan Repayments to Have Little Impact on Economy: Fed Report

Account Recovery

Concerns about the impact of individuals having to start making their student loan payments again on the economy are overblown, according to a report released by researchers from the Federal Reserve Board of New York.

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

True Accord

The ending of various pandemic-era benefits including the pause on student loan payments will impact consumers in the coming months. Read on for our take on what’s impacting consumer finances and our industry, how consumers are reacting, and what else you should be considering as it relates to debt collection in 2023.

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Top 6 Complaints Against Debt Collection Companies

National Service Bureau

Debt collection companies walk a fine line between business efficiency in their primary function (accounts receivable management), while at the same time needing to respect the fact that the debtor is a valuable client to the business for whom they are running collections. 4: False statements or representation.

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How to Remove TransWorld Systems From Your Credit Report

Better Credit Blog

A good credit score allows you to get better rates on car or mortgage loans just to name a few. If you fall into hard times, the inability to pay off your credit card bills or student loans can result in your debts being transferred to a debt collection agency. Have a Professional Remove the Collection.