Biz2X

JULY 11, 2023

This guide makes the case for why lenders, including banks and credit unions, MUST invest in business loan automation. It also offers automated debt collection. Solid credit risk assessment Automated processing of borrower-supplied credit documents in formats including PDF, digital image, JSON, XML, and others.

Credit and Collections 52

Credit and Collections Debt Collections Credit Risk Credit Unions 52

CreditStrong for Business

OCTOBER 24, 2024

Many local banks, credit unions, online institutions, and other lenders offer personal loans. In many cases, lenders will view those with minimal income as a credit risk and require forms of collateral and/or impose high-interest rates, fees, and other requirements.

Bankruptcy 52

Bankruptcy Credit Scoring Credit and Collections Credit Unions 52

Abrigo

NOVEMBER 22, 2021

Takeaway 3 Consumer compliance laws related to debt collection and preventing money laundering are also important for lenders. Consumer lending compliance — like other aspects of enterprise risk management at financial institutions — saw a huge impact from the COVID-19 pandemic. Debt collections & anti-money laundering.

Credit and Collections 78

Credit and Collections Debt Collections Credit Unions Electronic Funds Transfer 78