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Alternative lending has remained competitive with big banks and financial institutions. Instead of having to comply with complex and often unyielding regulations, consumers can instead use these services."Lenders have the ability to do their diligence, see the risk and the interest rates, and make the loans they want to on an a la carte basis," Stu... [More]

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Student loan debt has affected the economy and the way millennials approach credit and lenders. The massive burden many graduates have on their shoulders has also compromised their credit.According to Fusion, a number of millennials between 25 and 30 have ruined credit scores due to student loan debts. This can certainly affect their ability to sec... [More]

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Debt collectors often have to work as they travel, which can be tough for those who have information gathered in one place. However, technology has evolved to allow professionals to work remotely. The cloud is one tool they can use to improve the interactions they have with debtors and keep themselves on task. Here are some benefits the cloud ca... [More]

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Debt collectors are looking for more advanced ways to do their jobs, and new technology has given them plenty of options to choose from. Specifically, big data can help recovery professionals analyze information and determine better methods to work with debtors. Here are five qualities of big data recovery professionals should know about before pur... [More]

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Debt collection tactics are becoming more high tech - some even have the ability to remotely repossess items bought on credit. These resources help professionals contact debtors and better communicate with them to get back the money owed. The importance of professionals in the field If organizations aren't paid back by those who owe them money, th... [More]

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