Collect More

NOVEMBER 12, 2023

Two weeks ago we were sent this large debt to collect from a large industrial company. There was no dispute and they had promised payment countless times to our client before we became involved. So I called them and emailed them threatening to serve a Statutory Demand. About 5 minutes later I received a call from their lawyer promising to pay the full amount that day.

Lawyers 100

Lawyers Collections 100

Consumer Finance

NOVEMBER 12, 2023

The Federal Reserve Board and the Consumer Financial Protection Bureau today announced the dollar thresholds used to determine whether certain consumer credit and lease transactions in 2024 are subject to certain Regulation Z (Truth in Lending) and Regulation M (Consumer Leasing) requirements.

Consumer Credit 60

Consumer Credit 60

JMA

NOVEMBER 12, 2023

Imagine the thrill of watching your business grow, and the pride of seeing your products or services in high demand. But what if your cash flow isn’t keeping up with your success? What if unpaid debts start piling up, threatening your financial stability? This is where effective credit control comes in. You can ensure your. Read more » The post The Ripple Effect: How Credit Control Impacts Business Cash Flow appeared first on JMA Credit Control.

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Consumer Finance

NOVEMBER 12, 2023

The Consumer Financial Protection Bureau, the Federal Reserve Board, and the Office of the Comptroller of the Currency today announced that the 2024 threshold for whether higher-priced mortgage loans are subject to special appraisal requirements will increase from $31,000 to $32,400.

Loans 43

Loans 43

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.