True Accord

JANUARY 21, 2025

With inflation proving more sticky than policymakers had hoped and uncertainty around how the new administrations policies might affect it, it may take longer for people to see lower interest rates on their mortgages, car loans and credit card balances, which could prove challenging to household budgets.

Student Loans 91

Student Loans Student loans Credit Card Debt Financial Institution 91

True Accord

JANUARY 5, 2022

Collections-as-a-Service offering is seamlessly integrated to service customer debt accounts while delivering consumer-friendly, digital-first experiences. Through an API integration, TrueAccord’s Recover debt collection solution will service charged-off debt accrued through Synapse’s lending platform. LENEXA, Kan.,

Collections 52

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True Accord

FEBRUARY 3, 2022

With digital lending via neobanks and fintechs on the rise, consumers have more options than ever for obtaining loans. There are a lot of considerations for these digital financial providers when building their business models, but one important and often-overlooked strategy is recovery for delinquent accounts.

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Collection Industry News

JANUARY 19, 2021

Yet the federal government’s Paycheck Protection Program last year also gave the company a helping hand: It provided $2.4 million in forgivable loans to Capio and an affiliated firm, the Law Office of Mitchell D. More than half of small-business loans went to larger businesses, new SBA data shows.

Debt collector 40

Debt collector Lender Collections Loans 40

Troutman Sanders

MAY 2, 2023

PACE loans, secured by a property tax lien on the borrower’s home, are often promoted as a way to finance clean energy improvements, such as solar panels. However, due to partisanship in the Senate, Senator Lummis believes her bill is unlikely to pass before the House Financial Service Committee’s bill is introduced.

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Troutman Sanders

JULY 11, 2023

Department of Health and Human Services (HHS), and the U.S. Department of the Treasury (Treasury) launched an inquiry into specialty financial products, such as medical credit cards and installment loans, that consumers can use to pay for medical care. Abusive Telemarketing Acts or Practices). For more information, click here.

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Financial services Student Loans Student loans Credit Card Debt 40

Troutman Sanders

JANUARY 20, 2022

Department of Education’s decision to extend the pause on federal student loan payments. On January 10, the CFPB announced that it sued several debt-collection companies and their owners for illegal debt-collection practices. Under the terms of the agreement, the servicer would cancel $1.7 paid to the states.

Financial services 52

Financial services Student Loans Student loans Debt collector 52