Qualco

OCTOBER 25, 2023

Credit Lifecycle Automation & Open Banking Emerging technologies and the increased availability of data resources empower lenders to make informed credit decisions and offer improved services to a wider group of customers. This productivity improvement empowers faster and more effective debt recoveries.

Credit Management 98

Credit Management Debt Recovery Retail Banks 98

Fico Collections

NOVEMBER 3, 2022

Research by FICO shows that customers who entered collections exclusively as a consequence of the economic downturn, before going through the full debt recovery cycle, had a dramatically different return to financial good (RtFG) of nine months, compared to the 2.5 As a result, lenders’ collections’ books are already growing.

Collections 52

Collections Creditors Debt Consolidation Foreclosure 52

Debt RR

AUGUST 3, 2020

Common reasons for bank account garnishment in Texas include: Private creditors: These are banks, credit unions, credit card companies, peer-to-peer lenders, hard money loan providers, and other financial institutions. This debt can include anything from credit cards to past due balances on office space.

Garnishment 40

Garnishment Banks Student loans Student Loans 40

Burt and Associates

APRIL 1, 2025

Forbearance is a financial arrangement where a lender temporarily suspends or reduces loan payments, relieving borrowers facing financial hardship. For instance, during the COVID-19 pandemic, many lenders provided forbearance options to borrowers impacted by economic disruptions. Lets build a recovery plan tailored to your business.

Lender 52

Lender Debt Recovery Student loans Student Loans 52

Burt and Associates

JANUARY 10, 2025

While revenue growth and customer acquisition are often the focus, effective debt management is equally critical. One tool that stands out in managing debts and ensuring steady cash flow is amortization —a concept that can make seemingly insurmountable debts manageable and predictable.

Retail 52

Retail Acquisition Loans Debt Recovery 52

Burt and Associates

FEBRUARY 3, 2025

The Rise in Business Borrowing The Global Findex Database reports that in 2021, nearly 45% of small businesses relied on credit to finance operations , with many turning to banks, alternative lenders, and trade credit. Alternative lenders charge higher interest rates, increasing the risk of long-term financial strain.

Commercial Collection 52

Commercial Collection Collections Agency Collection Agencies Debt Recovery 52