Credit Unions Judgment Lender 
Jimerson Firm
FEBRUARY 18, 2021
However, there are important aspects of the Construction Lien Law that can directly affect the rights and obligations of lenders in numerous ways. Accordingly, lenders making construction loans or those whose loan will be secured by a mortgage on real property, must be aware of notices of commencement and their requirements under Fla.
Nexa Collect
MARCH 12, 2021
The CFPB has the authority to stretch its long arm as far as the most remote corner of the United States and its territories in order to supervise and audit local banks, credit unions, payday lenders, debt collection agencies, and more. All that being said, in Puerto Rico interest is allowed on money judgments, at a rate of 6%.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Jimerson Firm
JANUARY 31, 2023
Banks and credit unions should not only routinely require, but also closely scrutinize, criminal background checks during the hiring process in order to maintain compliance with applicable regulatory schemes. The SBA regulations will apply to both banks and credit unions that process SBA loans. 13 CFR § 120.410.
Better Credit Blog
JUNE 1, 2022
Trying to get approved for credit can be a sort of Catch-22: Creditors want proof that you’ve handled a credit card well before, but without a credit card already in hand it can be hard to show you’re a good risk. What Is A Credit Builder Loan. How Credit Builder Loans Work. Who Needs a Credit Builder Loan?
Troutman Sanders
MARCH 22, 2023
An Illinois federal district court recently denied a creditor-defendant’s motion for summary judgment in a Fair Credit Reporting Act (FCRA) case brought by a consumer who questioned why his debt was being reported twice — as both a tradeline with the original creditor and as a tradeline with a third-party collection agency.
Fico Collections
JULY 19, 2021
Lenders face a myriad of challenges these days. This makes them an ideal solution for banks and credit unions that don’t have enough data to create their own custom models but still want the flexibility to grow their portfolios responsibly. Pooled models can be licensed as “off-the-shelf” and quickly used. What Are the Options?
Debt Guru
APRIL 12, 2020
n]: A financially detrimental debt arrangement that only benefits the lender. Unfortunately, while the former is pretty straightforward, there’s a lot of confusion surrounding the latter – something that shady or disreputable lenders use to their advantage. And storefront operations can run differently than online lenders.
Expert insights. Personalized for you.
98 
Let's personalize your content