Account Recovery

DECEMBER 12, 2024

I am thrilled to announce that the Getting to Know series will be sponsored by TEC Services Group in 2024. TEC Services Group is the leading technology and professional services firm in the credit collections industry offering both leading industry solutions along with unrivaled, unbiased, and experienced support. TEC is now extending its services by offering proven, industry-leading technology solutions alongside of our Professional Services to help Clients feel confident in their technology de

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Debt collector Education Collections 130

Consumer Finance

DECEMBER 12, 2024

The CFPB released its annual report on trends in the residential mortgage lending market.

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Financial services 62

Account Recovery

DECEMBER 12, 2024

A District Court judge in Mississippi has approved a settlement in a Fair Debt Collection Practices Act class action that will see the defendant pay $14,000 to the plaintiffs and their attorneys. The settlement stems from allegations that the defendant failed to include a validation disclosure in debt collection letters sent to the plaintiff in 2021.

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Fair Debt Collection Debt collector Collections 130

Account Recovery

DECEMBER 12, 2024

The latest insights suggest the economic roller coaster may be leveling out, signaling a potential shift in how organizations approach debt management. A moderation in serious delinquencies across lending categories reflects a stabilizing economy, and consumers are finding more room in their budgets to stay current on payments, with economic conditions expected to gradually improve in 2025, according to a forecast released yesterday by TransUnion.

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Consumer Credit Personal loans Debt Management Lender 130

Speaker: Mark Stovel

When it comes to automating, many firms focus on finding the latest tech, believing that efficiency is something achieved through new tools. Yet true efficiency is achieved by delivering real value to clients, not merely by upgraded systems. Without a clear approach, no level of automation can overcome the complexities of serving every client’s needs.

Account Recovery

DECEMBER 12, 2024

Getting to Know Shelda Griffen of Sherloq Financial Judge Approves $14k Settlement in FDCPA Class Action Chopra Wont Resign, Says CFPB Will Continue Agenda to Avoid Being Dead Fish Consumer Credit Outlook: Slowing Growth and Stabilizing Delinquencies WORTH NOTING: Ideas to help you maximize the space of a tiny bedroom … Explaining the psychology behind “the ick” … Well, that’s one way to return something you didn’t want anymore … Older workers are happie

Financial services 130

Financial services Consumer Credit 130