American Profit Recovery

MAY 20, 2024

Every size business, whether a small business or a larger organization will have to manage late and non-paying customers. It’s just a reality of being in business and part of the accounts receivable process. Not every customer is going to pay their bills on time. That would be nice, but it just doesn’t happen for a wide range of reasons.

Collections 219

Collections Collection Agencies Collections Agency Debt collector 219

Account Recovery

MAY 20, 2024

Judge Grants MSJ For Defendant in FDCPA Case Over Alleged Inconvenient Calls More Regulation, More Enforcement at CFPB Following Supreme Court Ruling CFPB Sues Online Lender for Deceptive Dark Patterns Compliance Digest – May 20 WORTH NOTING: A security lapse that could let millions of people do laundry for free … Why we can’t get […]

Lender 147

Lender 147

Burt and Associates

MAY 20, 2024

Table of Contents: Introduction Streamlining Your Collection Process Utilizing Automation Tools Offering Convenient Payment Options Communicating Clearly and Promptly Providing Incentives for Early Payment Focusing on Customer Retention Training Your Collection Team Monitoring and Tracking Progress Seeking Feedback and Adapting Staying Compliant with Regulations Conclusion Introduction: In today’s fast-paced business environment, effective debt collection is crucial for maintaining healthy

Collections 52

Collections Education 52

Account Recovery

MAY 20, 2024

Now that its future seems a little more secure and stable, the Consumer Financial Protection Bureau plans to start “firing on all cylinders,” its director, Rohit Chopra said on Friday.

Financial services 147

Financial services 147

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.

Qualco

MAY 20, 2024

NPL Management: A 5-Step Roadmap to Strategic Success is the latest e-Guide to be published by Qualco UK. You can view it here. In today's regulatory environment, when it comes to collecting overdue accounts, the clear, overarching message is that the customer must be treated fairly and ethically. However, in a small number of credit businesses, the right strategies for systems and people have not been set.

Credit Management 52

Credit Management Creditors Government Collections 52

Account Recovery

MAY 20, 2024

A District Court judge in Nevada has granted a defendant’s motion for summary judgment and denied the plaintiff’s motion for summary judgment in a Fair Debt Collection Practices Act case, ruling that the defendant could not have known it was contacting the plaintiff at an inconvenient time after the plaintiff told the defendant he was […]

Fair Debt Collection 130

Fair Debt Collection Judgment Collections 130

Account Recovery

MAY 20, 2024

The day after the Supreme Court ruled that its funding structure was constitutional. the Consumer Financial Protection Bureau filed a lawsuit against SoLo Funds, an online lending platform, for allegedly deceiving borrowers about the true cost of its loans.

Lender 130

Lender Loans 130