Sat.May 29, 2021 - Fri.Jun 04, 2021

article thumbnail

3 Strategies for Paying Lower Interest Rates on a Loan

Credit Corp

The following is a guest post from Dr. David L Tuyo II, president and CEO of University Credit Union. The views and opinions expressed in this article are those of the author only and are not endorsed by Credit.com. Securing a loan can be a big financial decision with a lot of implications on your personal finances and your life. There are many types of loans for a variety of purposes, but it’s always critical to consider certain key criteria in detail before making any final decisions.

Loans 75
article thumbnail

How to Collect Debts Fast and Improve your Accounts Receivable

Debt Recoveries

Unless you are actually a debt collection expert like Debt Recoveries Australia , there is a good chance that you have quite a few higher priorities than managing your company’s accounts receivable. You might even delegate that task out to an assistant or employee without much thought to collect debts fast. However, when it comes to end of month and you have to show the dollars, all of a sudden the accounts receivable department becomes a top priority. .

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Did You Know Options Can Increase Payments?

Credit Management Company

Before smartphones, life had forced boundaries. An email was just accessed from a computer, only friends and family knew your cell phone number, and landline phones were the way you reached others. And, when a business needed to contact you, they sent a letter or called your home phone number. That all changed in 2007 when the iPhone hit the market.

article thumbnail

Getting to Know Melody Armstrong of NRA Group

Account Recovery

The “Getting to Know” series is sponsored by Applied Innovation. Applied Innovation is helping to shape the future of accounts receivable management. Product development is driven by customer feedback, agency profitability and compliance and includes platforms addressing client portal access, document management, payment negotiation, Regulation E focused electronic payment authorizations and TCPA communication authorization platforms. … The post Getting to Know Melody Armstrong

article thumbnail

Solve Your Firms Automation Complexities Once and For All

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.

article thumbnail

5 ways to improve cash flow in your veterinary practice

American Profit Recovery

Running a veterinarian practice can be so rewarding, especially if you love animals. In fact, we don’t know anybody in the field of veterinary medicine that doesn’t absolutely love helping family pets. After all, that’s why they got into this field. However, running a practice is like operating any other type of business, because it is a business, and it needs to make money and have positive cash flow.

More Trending

article thumbnail

Cobb County School District Tries Bogus Trademark Claims to Suppress Anti-Racist Organizing

Public Citizen

by Paul Alan Levy. Civil rights activists in Cobb County, Georgia, have been urging members of the community to come in force to the impending school board meeting on June Tenth to celebrate Juneteenth by signing up to speak in support of  minority members of the school board, who have been under fire recently. Somebody created a flyer for that purpose; the flyer reproduces the local school district’s logo to help the public focus easily on which school district is at issue.

Education 124
article thumbnail

WDWI Judge Dismisses FDCPA Case for Lack of Standing

Account Recovery

A District Court judge in Wisconsin has dismissed a Fair Debt Collection Practices Act case for lack of standing, following a ruling in a similar case that was issued recently by the Seventh Circuit Court of Appeals. A copy of the ruling in the case of Fansler v. Messerli & Kramer, LVNV Funding can be … The post WDWI Judge Dismisses FDCPA Case for Lack of Standing appeared first on AccountsRecovery.net.

article thumbnail

Cash flow and customers-How fuel dealers build better cash flow

American Profit Recovery

If you are in the oil delivery business or are a propane retailer, then you know the challenges of cash flow. In many areas of the country, your business can be seasonal and your ability to manage cash flow is very important to be able to get through the year. We have been working with fuel dealers for many years here and understand some of the financial challenges that many in this industry face.

article thumbnail

Ask a Travel Nerd: What Changed While I Was Ignoring Travel?

Nerd Wallet

Listen, I don’t blame you for ignoring travel industry news during the pandemic. Who cares if Hilton went bankrupt (it didn’t) or Alaska Airlines joined some alliance (it did) when you aren’t traveling? If it wasn’t my job, I would’ve tuned out that stuff, too. However, many under-the-radar changes did significantly alter the travel landscape. Sam Kemmis writes for NerdWallet.

125
125
article thumbnail

Top 3 Banking Secrets to Stay Relevant with Gen Z Consumers

Speaker: Brian Muse-McKenney, Chief Revenue Officer & Matt Simester, Cards and Payments Expert

In today’s world of social media, dating apps, and remote work, businesses risk becoming irrelevant (or getting "ghosted") if they fail to meet the evolving needs of Gen Z consumers. Credit cards with flexible payment options, especially for young adults with little-to-no credit history, are a particularly important and valuable solution for this generation.

article thumbnail

How Is Household Size Determined in Bankruptcy?

Sawin & Shea

Determining household size is an important measurement when facing bankruptcy. In fact, correctly determining household size can determine your eligibility for Chapter 7 bankruptcy. For some households, determining household size is simple. But for families that include relatives, extended family, or children living some or all of the time within a household, determining size can be more difficult.

article thumbnail

Baker’s Dozen of New Amicus Briefs Filed in Support of Hunstein Petition for Re-Hearing

Account Recovery

If there was any doubt over the importance of the Hunstein case to the accounts receivable management industry, and to the camaraderie and support that companies in this industry have for one another, and that every lawyer in the country was working over the Memorial Day holiday weekend, look no further than the amicus briefs … The post Baker’s Dozen of New Amicus Briefs Filed in Support of Hunstein Petition for Re-Hearing appeared first on AccountsRecovery.net.

article thumbnail

Avoiding Conflicts of Interest by Association Boards

Jimerson Firm

Under Florida law, condominium association (“CA”) board of directors members and homeowners’ association (“HOA”) board of directors members owe fiduciary duties to their associations and the unit or home owners they serve. This generally means that directors must place the interests of the association above their own self-interest and take actions they reasonably believe will benefit the association and owners.

Education 102
article thumbnail

Why You Should Consider a ‘Second City’ Trip in 2021

Nerd Wallet

Even if you’re fully vaccinated, you might not want your next trip — and perhaps your first trip in over a year — to be in a packed, urban metropolis. Enter the “second city” trip. Second city is a somewhat ambiguous term, but it’s generally used to refer to the second-most populous city in a. Sally French writes for NerdWallet. Email: sfrench@nerdwallet.com.

124
124
article thumbnail

How Collection Agencies Minimize Effort and Maximize Results with the Right Software

Navigating collections in the dynamic financial landscape presents multifaceted challenges. Organizations face pressures to maintain standards alongside software challenges like regulatory adaptations, data integration, security, workflow optimization, and automation. Finding the right software can save time and money. BEAM offers a comprehensive solution with specialized modules to streamline debt collection effortlessly.

article thumbnail

Applying advanced analytics to improve cash collection

Qualco

What happened when a leading loan servicing organisation looking to optimise its treatment process and increase cash collections decided to leverage enhanced analytics? Our new case study showcases the impact of harnessing predictive analytics into one of our client’s overall collection process and gives a full view of the approach used to achieve significant positive results.

article thumbnail

Judge Grants MSJ in TCPA Case Over Collection Calls

Account Recovery

A District Court judge in North Carolina has granted a defendant’s motion for summary judgment in a Telephone Consumer Protection Act case after it was sued for allegedly placing “several” hundred calls to the plaintiff’s cell phone in an effort to attempt to collect a debt, ruling that the technology used by the defendant did … The post Judge Grants MSJ in TCPA Case Over Collection Calls appeared first on AccountsRecovery.net.

article thumbnail

Five Key Construction Contract Terms That Every Subcontractor Needs to Negotiate

Jimerson Firm

One of the most important aspects of construction project success for subcontractors can be the subcontract agreement. A one-sided subcontract in favor of the contractor can make problems experienced by the subcontractor on the project even worse, and leave the subcontractor with very few options. While subcontractors may not always have the ability to renegotiate the entirety of a contractor’s standard form subcontract, this blog highlights five of the key provisions that every subcontractor

article thumbnail

The 16 Best Pop-Up Shop Ideas for 2021

Nerd Wallet

Whether you started a business online or in a brick-and-mortar location, pop-up shops are a great way to increase your brand awareness, gain customers, and drive sales. Although there’s been a move away from brick-and-mortar stores as ecommerce has grown, many brands are finding that customers still like to experience their products or services and.

116
116
article thumbnail

From Complexity to Clarity: Strategies for Effective Compliance and Security Measures

Speaker: Erika R. Bales, Esq.

When we talk about “compliance and security," most companies want to ensure that steps are being taken to protect what they value most – people, data, real or personal property, intellectual property, digital assets, or any other number of other things - and it’s more important than ever that safeguards are in place. Let’s step back and focus on the idea that no matter how complicated the compliance and security regime, it should be able to be distilled down to a checklist.

article thumbnail

Can a Debt Collector Get Into My Bank Account?

Credit Corp

Can debt collectors take money from your bank account to offset debts you owe them? Unfortunately, the answer is yes. But it takes a lot to get to that scenario, so if you’re not there yet you still have time to learn how to protect yourself from this type of collections activity. To start, here are our top tips for keeping debt collectors from your bank account: Open accounts that can’t be garnished Don’t let debts get to the garnishment stage Show up in court and respond to lawsu

article thumbnail

Two Senior CFPB Officials Announce Departures

Account Recovery

A pair of senior leaders from the Consumer Financial Protection Bureau are departing in the coming weeks, according to published media reports. Bryan Schneider, the Associate Director of the Bureau’s Supervision, Enforcement, and Fair Lending Division is leaving the regulator and Peggy Twohig, the Assistant Director for Supervision Policy, has announced her retirement.

238
238
article thumbnail

Unlawful Commercial Evictions: A Cautionary Tale for Commercial Landlords Wanting to Use Self-Help to Retake Possession of Leased Property

Jimerson Firm

Using “self-help” as a means to evict commercial tenants is no longer acceptable and likely to result in a lawsuit against the commercial landlord. When a tenant fails to pay rent as it becomes due, breach appears to be undisputed. After all, paying rent is typically why the tenant is allowed to occupy the leasehold in the first place. Jumping to conclusions, it may seem reasonable for a commercial landlord to take actions to remove the tenant without a court order of possession because the c

article thumbnail

Don’t Let an ‘Attractive Nuisance’ Ruin Your Summer

Nerd Wallet

Maybe you snuck into your neighbor’s swimming pool when you were a kid. Perhaps you jumped on their trampoline when they weren’t around or used their pile of random junk as a fort. To a child, these youthful indiscretions seem pretty harmless. But for a homeowner, such acts of rebellion can pose a serious liability. Doug Sibor writes for NerdWallet.

105
105
article thumbnail

How To Optimize Cash Flow: Your Roadmap To Resilience!

Speaker: Genevieve Hancock, CPA

Cash flow isn’t just about balancing numbers - it's about ensuring your organization is positioned for both immediate stability and long-term success. Understanding that cash flow management fuels every decision, every opportunity, and every growth phase is critical. But how can you shift from simply managing cash to strategically optimizing it for resilience?

article thumbnail

What to Know About Medical Bills Sent to Collections

Credit Corp

If you think you’re immune to damage from a collection account on your credit report because you pay your bills on time, think again. Medical bills that you don’t know about could be hurting your credit—and the odds are not in your favor. In fact, the Consumer Financial Protection Bureau reports that around 31.6% of adults in the United States have collections accounts on their credit reports.

article thumbnail

Logos Capital Systems Announces Monthly Charity Initiative

Account Recovery

Logos Capital Systems announces a new monthly charity initiative that gives top performing employees an opportunity to donate to the charitable organization of their choice. Our team of receivables management professionals is incredibly engaged in our corporate social responsibility efforts and dedicated to making an impact in our communities. We empower our team to allocate … The post Logos Capital Systems Announces Monthly Charity Initiative appeared first on AccountsRecovery.net.

234
234
article thumbnail

8 Payment Processor Questions Your Business Needs to Ask

PDC Flow

Shopping for payment technology for your business can be overwhelming. You need to be able to make the best choices for your company but what do you need to know first? If you’re looking for a payment processor, here are some of the most important current trends, compliance concerns and tools that can help you with your choice. 1) What is the strongest current trend in payment processing?

article thumbnail

What Would It Take to Solve the Student Debt Crisis?

Nerd Wallet

The possibility of federal student loan forgiveness grabs all the headlines. But experts say no single policy — not even wiping the slate clean for millions of borrowers — solves the root causes of the nation’s $1.74 trillion student loan debt crisis. That debt has been fueled by decades of wages not keeping up with. Anna Helhoski writes for NerdWallet.

article thumbnail

When It Comes to Collections Software, “Good Enough” Isn’t Good Enough

Are you finding some snags in your collections process? With delinquencies, and the number of consumers looking for payment assistance on the rise, it may be time to consider an efficient cloud-based software to support your team. Learn how MeridianLink® Collect has helped financial institutions like yours streamline collections processes.