Better Credit Blog

APRIL 1, 2022

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. Avoid Being Fooled by Transworld Systems. and after 9:00 P.M.

Collection Agencies 77

Collection Agencies Collections Agency Garnishment Fair Debt Collection 77

National Service Bureau

APRIL 6, 2015

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. 5: Improper contact or sharing of information.

Collection Companies 40

Collection Companies Collections Collection Agent Collection Agencies 40

National Service Bureau

AUGUST 19, 2015

Like any industry, the debt collection and accounts receivable management industries have some bad apples. The latter are obviously people and organizations that you would want to avoid should your business need assistance with collecting on delinquent accounts. How can something like this happen?

Collections 40

Collections Accounts Receivables Management Debtor Collection Agencies 40

True Accord

JULY 13, 2023

The ending of various pandemic-era benefits including the pause on student loan payments will impact consumers in the coming months. There were also a couple of notable court decisions impacting debt collectors last quarter. And demand for more credit continues, which will drive household debt balances up farther.

Financial Institution 70

Financial Institution Student loans Student Loans Loans 70

Collection Industry News

JULY 20, 2020

DEBT COLLECTORS, facing growing demands to freeze the collection of debt across the country amid the economic hardship caused by the coronavirus pandemic, are mobilizing their lobbyists to push back. In New York, residents are receiving a 30-day reprieve from the collection of state-owned medical and student debt.

Garnishment 40

Garnishment Collections Debt collector Accounts Receivables Management 40

National Service Bureau

MAY 12, 2015

As it relates to collections and accounts receivable management , skip-tracing is the process of locating debtors whose contact information is no longer accurate. The ability to locate a debtor means that you actually have a chance to recover debts that are owed. What is skip-tracing? How will my company benefit from it?

Collections 40

Collections Collection Agencies Collections Agency Accounts Receivables Management 40

Troutman Sanders

JULY 7, 2021

Our bank and loan servicing clients also face novel challenges affecting their industry due to COVID-19, particularly the ever-changing rules and regulations concerning evictions and foreclosures. Some consumers reported facing homelessness because of the negative impact of an eviction on their credit history reported by debt collectors.

Financial services 52

Financial services Financial Institution Student loans Student Loans 52