Collections

Features

How High-Risk Lending Reaps Rewards

Managing risk and building relationships helps two small credit unions lend to C-D-E-paper borrowers.
Features

Debt Collectors Under The Fair Debt Collection Practices Act

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.
Industry Insights

Why Credit Unions Need To Beware The TCPA

Class-action suits pile up and it’s very easy to run afoul of complex, outdated regulations surrounding auto-calls and collections.
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Does Your Collection Reporting Stack Up?

Here are four elements of a collection reporting system that will help you effectively measure your operation’s success.
Features

Serve Indirect Borrowers With Convenient Online Payment Solutions

A solid indirect payment solution can lead to strong relationships with new borrowers and multiple potential income streams.
Features

The Collector’s 3-Step Guide To Resolving Delinquent Accounts

Here are some time-tested ways to research, communicate, and “close the sale” that works for the debtor and the credit union.
Features

Co-Sourcing: How 3 Credit Unions Collaborate On Back-Office Ops

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.
Features

Recent Lawsuits: What Credit Unions Need To Know

These four lawsuits can provide valuable lessons to the industry.
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