RMAi Blog

AUGUST 14, 2024

The bill would broadly define medical debt to mean “a debt related to, in whole or in part, a transaction, account, or balance arising from a medical service, product, or device.” First Credit Union v. Seventh Circuit Rejects Consumer’s FCRA and FDCPA Claims Arising from Post-Bankruptcy Collection and Reporting Freeman v.

Electronic Funds Transfer 130

Electronic Funds Transfer Credit and Collections Bankruptcy Law Firms 130

Abrigo

MARCH 13, 2024

How to respond to CRE loan distress Use these tips for banks and credit unions to identify and handle commercial real estate loans that are showing signs of being problem CRE credits. Would you like other articles like this in your inbox? Is the above scenario another pandemic akin to our recent COVID experience?

Credit Unions 88

Credit Unions CECL Default Credit Risk 88

Commercial Lending

OCTOBER 14, 2021

When I use the term “traditional banking” I am referring to products from regulated institutions such as Banks and Credit Unions. Many family offices will lend into transactions in addition to or instead of putting capital into those transactions. Family Offices.

Credit Unions 52

Credit Unions Bankruptcy Transactions Credit Scoring 52

CreditStrong for Business

AUGUST 9, 2024

As a result, business lenders will request copies of your credit reports to see how you’ve handled debt in the past. If your score is in decent shape, but you’ve filed bankruptcy in the past few years, missed a payment, or have collection accounts, you may have a difficult time getting approved.

Credit Unions 52

Credit Unions Credit Scoring Credit and Collections Small Businesses 52

Fundera

DECEMBER 27, 2018

Credit Data. Business loans or lines of credit from banks or credit unions are part of your credit data. Equipment leases , business credit cards, and other credit accounts are also included. This also includes non-financial transactions. Credit History. How much credit should I extend?

Credit Scoring 55

Credit Scoring Bankruptcy Credit Risk Credit Unions 55

CreditStrong for Business

DECEMBER 13, 2024

That means as soon as you take a cash advance from a line of credit, your lender starts charging you interest on the outstanding balance. They may also charge a flat fee for each transaction. Second, lines of credit generally arent permanent.

Credit Scoring 52

Credit Scoring Credit and Collections Credit Unions Bankruptcy 52

Due

FEBRUARY 18, 2023

There are no fees for making a late payment, going over the credit limit or making a foreign transaction. The variable APR can be as low as 17.49% if you qualify, but can also be a staggering 31.49%, which is higher than most fair-credit options. It offers 1% cash back on everyday expenditures and 1.5%

Credit Scoring 64

Credit Scoring Credit Card Payments Credit Unions Bankruptcy 64