Recovering Your Collection Costs
Infinitives and past-tense participles? Contractual language proves crucial in collections cost provisions and the cases that could follow.
Infinitives and past-tense participles? Contractual language proves crucial in collections cost provisions and the cases that could follow.
Credit unions share their best practices with CreditUnions.com all year. Here, Callahan’s staff writers share their selections for a handful of lesser-known pieces that are worth revisiting.
Managing risk and building relationships helps two small credit unions lend to C-D-E-paper borrowers.
Any time a debt collector or a creditor communicates with a consumer on a debt, it is important to first review federal and state laws.
Class-action suits pile up and it’s very easy to run afoul of complex, outdated regulations surrounding auto-calls and collections.
Here are four elements of a collection reporting system that will help you effectively measure your operation’s success.
A solid indirect payment solution can lead to strong relationships with new borrowers and multiple potential income streams.
Here are some time-tested ways to research, communicate, and “close the sale” that works for the debtor and the credit union.
Communication and a shared perspective allow this consortium to gain efficiencies in areas that are scalable and manageable with clear metrics and service level agreements.
These four lawsuits can provide valuable lessons to the industry.
Bad actors don’t rest. Credit unions are beefing up cybersecurity with smarter tools, stronger teams, and sharper defenses.
Cyber threats never stop. Credit unions share how collaboration, AI, and smarter strategies protect members and institutions.
October is Cybersecurity Awareness Month, and CreditUnions.com has the lowdown on assessment tools, AI strategies, the role of collaboration in fighting fraud, and more.
A quartet of Northeastern Pennsylvania credit unions came together to share strategies and best practices for combatting check fraud, account takeover, and more.
From check fraud to suspicious logins, see how well you can sniff out red flags before they cost members money.
Credit unions can simplify compliance, reduce risk, and enhance member trust by rethinking loan servicing with outsourced solutions designed to keep pace with evolving regulations.
Centralized fraud prevention helps credit unions fight evolving check fraud while streamlining operations and safeguarding members.
In a post-CAT era, many credit unions are using the tool’s sunsetting as a catalyst to upgrade their cybersecurity posture.
With three full government shutdowns and repeated trips to the precipice in the past 25 years, credit unions have had plenty of opportunity to refine how they approach helping members during work stoppages.
After years of post-pandemic splurges for the well-to-do and inflationary pain for the less well off, more Americans are shifting to a discipline of saving. Here’s what that means for members and how credit unions can turn the trend into opportunity.