Abrigo

FEBRUARY 24, 2015

Two big ticket items – homes and cars – are on the minds of many consumers, and this could spell success for many credit unions. The auto industry had a substantial year in 2014, selling nearly one million more vehicles than in 2013. credit union auto lending portfolios are faring. billion).

Credit Unions 84

Credit Unions Credit and Collections 84

Abrigo

AUGUST 11, 2016

According to the Credit Union National Association (CUNA) , credit unions had a record year in 2015, with 3.7 This impressive growth is not surprising when you consider these three ways credit unions are excelling. CUNA reported in 2013 that mobile payments were growing at an annual rate of 68 percent.

Credit Unions 60

Credit Unions Law Firms Credit and Collections 60

Abrigo

AUGUST 8, 2021

Independent Loan Review Systems in Banking Banking regulators have outlined expectations for effective, independent loan review and credit risk review. . Takeaway 1 A system for ongoing, independent credit risk review will not look the same from institution to institution. This article is substantially updated from a 2013 blog post.

Credit Risk 78

Credit Risk Credit Unions CECL Credit and Collections 78

Abrigo

MARCH 4, 2022

billion by 2023, synthetic identity fraud impacts customers' experiences and creates costs tied to collections. The intent of creating the synthetic identity can vary greatly, from creating a credit profile to human trafficking. Piggybacking is a method of using an individual's credit for gain. Synthetic ID Fraud.

Credit Unions 78

Credit Unions Credit and Collections Transactions Cybersecurity 78

Abrigo

FEBRUARY 10, 2016

Small firms accounted for nearly two-thirds of the net new jobs created between 1993 and mid-2013, and they provide nearly half of private-sector employment. Through its cooperative data model, Sageworks collects and aggregates financial statements for private companies from accounting firms, banks and credit unions.

Small Businesses 60

Small Businesses Accounting Firms Credit Unions Credit and Collections 60

RMAi Blog

NOVEMBER 13, 2024

House of Representatives, and in 2013, into the U.S. Ninth Circuit Affirms Ruling for CRA in Medical Debt Case; Vacates Ruling for Collection Agency Riser v. 7, 2024) A consumer incurred medical debt that was sent to a collection agency that reported it to a credit reporting agency (“CRA”). Portfolio Control, Inc. ,

Credit and Collections 130

Credit and Collections Debt Collections Law Firms Credit Reporting Agencies 130