Due
JANUARY 3, 2025
The co-creator of the cryptocurrency platform Terraform Labs PTE Ltd. (Terraform) has been extradited to face $40B fraud charges. Do Hyeong Kwon, 33, a citizen of the Republic of Korea, was subject to an extradition order from Montenegro and appeared in a Manhattan court to face federal fraud charges. Before the close of 2025, Kwon appeared before U.S.
CreditStrong for Business
JANUARY 3, 2025
If you’ve borrowed money for your small business and used collateral to secure the loan, you may notice something called a UCC filing on your business credit report. The UCC refers to Uniform Commercial Code, and such a filing on your commercial credit report can impact your ability to obtain credit in the future. What Is a UCC Filing? A UCC filing is a legal notice that allows a creditor to notify other creditors about assets your business has used to secure a loan with the filer.
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RMAi Blog
JANUARY 3, 2025
Receivables Management Association International holds elections each year to approve a slate of officers and elect new Directors to open seats. In 2025, there are three (3) open Director seats on the 10-member Board: two (2) certified debt-buyer seats and one (1) certified third-party collection agency seat. Voting Process The ballot can be downloaded here.
Due
JANUARY 3, 2025
The S&P 500’s performance in December 2024 appears poised to end in negative territory, contradicting expectations of a traditional Santa Claus rally. This development prompts a closer examination of historical market patterns and their potential implications for 2025. Historical Market Analysis A comprehensive analysis of S&P 500 data spanning 75 years reveals some notable patterns.
Enterprise Recovery
JANUARY 3, 2025
It's the perfect time for B2B sales professionals to reevaluate client relationships. Trust and loyalty will go a long way in staying in front of mind when your clients are making major budget decisions. If you're not already planning to connect with your clients this month, let this be a reminder. Strengthening client relationships is the perfect resolution for B2B sales professionals in the new year.
Due
JANUARY 3, 2025
Rhode Islands second-largest hospital will pay $1.9 million in back wages to employees denied overtime and other compensation. Kent County Memorial Hospital in Warwick has been the center of a labor investigation that impacted eight hundred and fifty-three medical care staff. The investigation found the employer guilty of improperly paying employees who had worked diligently through the COVID-19 pandemic.
CreditStrong for Business
JANUARY 3, 2025
With car financing, car buyers receive a lump sum of money from a lender and then make monthly car payments until the vehicle loan balance is repaid. Unlike unsecured credit cards, personal loans, and student loans, auto financing represents a type of secured loan. Here, a bank, credit union, or other lender retains ownership of the car financed as collateral (security) during the loan term until all loan payments are completed.
Credit Management Source brings together the best content for credit management professionals from the widest variety of industry thought leaders.
CreditStrong for Business
JANUARY 3, 2025
Before you prequalify or start touring houses with your real estate agent, the first step to starting your journey to homeownership is finding out how much house you can afford comfortably. The average home buyer in 2024 had a median income of $108,800 but that doesnt mean if you make less, you wont be able to buy a home. In truth, income is just one factor that contributes to your ability to qualify to borrow with a mortgage lender.
CreditStrong for Business
JANUARY 3, 2025
In general, businesses have two ways of getting funding for their operations: debt financing and equity financing. Many companies decide to use a combination of both since each one has distinct advantages and disadvantages. Heres what you should know about debt vs. equity financing, including how both business financing approaches work, the differences between them, and when its better to use one over the other.
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