Debt Collection

How Payment Plans Can Cure Healthcare Payments’ Biggest Problem

How Payment Plans Can Cure Healthcare Payments’ Biggest Problem
How Payment Plans Can Cure Healthcare Payments’ Biggest Problem
February 14, 2019  |  Healthcare

Americans are on the hook for an ever-increasing percentage of their medical bills. As healthcare becomes a tough pill to swallow financially, 57 percent of...

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UK Late Pay Epidemic Looms Over Xmas Season
UK Late Pay Epidemic Looms Over Xmas Season
December 17, 2018  |  B2B Payments

The U.K. seems to be the epicenter of the late payments epidemic, and new stats bear out the cost to the tune of billions of...

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Lawmakers Want To Outlaw SMB ‘Confession Loans’
Lawmakers Want To Outlaw SMB ‘Confession Loans’
December 06, 2018  |  Bank Regulation

U.S. Senators Sherrod Brown and Marco Rubio have called for a ban on confessions of judgement, a tactic predatory lenders use to make borrowers forfeit...

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Is AI The New Debt Collector?
Is AI The New Debt Collector?
November 29, 2018  |  Artificial Intelligence

 It's said an ounce of prevention is worth a pound of cure, and the maxim can be applied to debt recovery efforts that average a...

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Forty-Six Percent Of Americans Live Paycheck To Paycheck
Forty-Six Percent Of Americans Live Paycheck To Paycheck
November 13, 2018  |  Economy

When it comes to the economy here in the U.S., the big picture – call it the “top down” view – looks fairly rosy. Get...

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The CFPB Settles With National Credit Adjusters
The CFPB Settles With National Credit Adjusters
July 16, 2018  |  CFPB

The Bureau of Consumer Financial Protection announced late last week it settled with the National Credit Adjusters, a private company, as well as its chief executive...

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Changing The Direction Of Debt Collection
Changing The Direction Of Debt Collection
March 27, 2018  |  Alternative Finances

Debt collectors are historically an unpopular group of people. Even the Bible has shade to throw their way. (Debt collectors, Biblically speaking, share a category...

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ABA Urges CFPB To Scrap Debt Collection Survey (And They Did)
ABA Urges CFPB To Scrap Debt Collection Survey (And They Did)
December 20, 2017  |  Bank Regulation

The Consumer Financial Protection Bureau (CFPB), under the leadership of Mick Mulvaney, has withdrawn its request to the Office of Management and Budget (OMB) to...

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CFPB Gets $14M In Relief For Deceived Consumers Since Start Of Year
CFPB Gets $14M In Relief For Deceived Consumers Since Start Of Year
September 13, 2017  |  Bank Regulation

The Consumer Financial Protection Bureau announced Tuesday (Sept. 12) that recent supervisory actions resulted in $14 million in relief to more than 104,000 consumers from...

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