Consumer Credit Debt Recovery Lender 
True Accord
MARCH 5, 2024
“Growing debt balances, stubborn interest rates and elevated prices are still a thorn for consumers, and contribute to their overall financial stability,” explains TrueAccord CEO Mark Ravanesi in his Q4 Industry Insights: Cautious Optimism with a Side of Holiday Hangover.
Taurus Collect
JUNE 16, 2024
Managing compliance and regulations in collections can be challenging for lenders in the UK. This blog post aims to provide clear guidance on what lenders need to know. Understanding these elements can help lenders navigate the complexities of their industry. We’ll cover key regulations and share tips for compliance.
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Collection Industry News
MARCH 19, 2024
“Growing debt balances, stubborn interest rates and elevated prices are still a thorn for consumers, and contribute to their overall financial stability,” explains TrueAccord CEO Mark Ravanesi in his Q4 Industry Insights: Cautious Optimism with a Side of Holiday Hangover.
True Accord
JULY 9, 2024
The Transportation Security Authority has been anticipating and reporting record air travel numbers while a recent LendingTree survey found that 45% of parents go into debt to pay for a Disney vacation and few have regrets about it, indicating people will still prioritize spending for some experiences. Customization is key.
Collection Industry News
NOVEMBER 17, 2024
Under the amended act, “covered debt” means a consumer debt or a covered commercial debt. Covered credit” means consumer credit or covered commercial credit. Prohibited actions include the use of allegedly false statements, harassment, and threats.
Fico Collections
JUNE 16, 2022
Meeting Debt Collection Challenges Amid a Squeeze on Income. In order to deal with the rising cost of living and other challenges, anyone managing collections portfolios and effective debt recovery strategies needs these capabilities. Collections books for many lenders reduced. Tue, 07/23/2019 - 04:13. by Bruce Curry.
Taurus Collect
JANUARY 20, 2023
By assessing this data, lenders can identify those who are more likely to default on their payments due to an inability to cover their expenses. Understanding the Legality and Guidelines Regarding Credit Checks Understanding the legality and guidelines regarding credit checks by debt collectors in the UK is important.
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