FICO Survey: 73% expect increased credit application volume. 46% say stricter approval criteria expected
http://bit.ly/cpGqYW
Despite high unemployment & economic woes, fewer Americans fell behind on credit card debt in July.
http://bit.ly/9sKnts
Home values rose in all nine U.S. Census divisions in the second quarter 2010 compared with the first.
http://bit.ly/aKyDPD
We are very pleased to announce the merger of MicroBilt and CL Verify and to welcome Wink Price as our new CEO.
http://bit.ly/bMF2PX bb
World regulators will try to reach an agreement on new banking rules aimed at preventing another financial crisis.
http://bit.ly/csoEfv
Compliance with FCRA new risk-based pricing regulations starting January 1, 2010. Will your business be ready?
http://bit.ly/dsyTy0
Consumer spending rose in July. Strongest pace in 4 months, supported by a small gain in incomes.
http://yhoo.it/98K0qq
Imprisoned man accused of illegally operating a debt collection agency from federal prison
http://bit.ly/a2UR2N
Consumer Rights Lawsuit Stats (year to date): FDCPA = 6,711 FCRA = 730 TCPA = 75 TILA = 342
http://bit.ly/9gLW0N
Victory for creditors during a time when society has become so sympathetic to debtors.
http://bit.ly/aeyEe8
U.S. Bank introduces an interactive website geared toward helping consumers manage their credit score
http://bit.ly/dqpJBl
FTC working to simplify the language used in disclosure of consumers' credit reporting rights.
http://bit.ly/cjezVF
GM announces securing $5 billion revolving credit line. Big changes since applying for chapter 11 in '09
http://bit.ly/aTycAD
NJ College Campuses: credit card solicitors must register w/ campus & offer credit education - not gifts.
http://bit.ly/bqmjDQ
In states blocking PayDay Loans, Overdraft Fees are an expensive alternative for the credit-underserved
http://bit.ly/aDqLPR
422k bankruptcy filings between April and June, ⬆9% from prior 3-month period, ⬆11% from a year earlier.
http://bit.ly/bpPGRC
August Newsletter - Looking back at Cash for Clunkers and taking a closer look at Automatic Overdraft Protection
http://bit.ly/cOEvNr
FTC reports it has stepped up efforts to stop fraudulent financial schemes that exploit consumers.
http://bit.ly/c0VoOr
A year later... Do you operate in an industry still feeling the effects of Cash for Clunkers? How has it affected your business?
Bogus mortgage-company site launched by FTC to educate would-be victims about scams.
http://bit.ly/dbJOPJ
Nationally, credit scores steady at 668, down 5 pts from July '09. See average consumer debt stats at
http://yhoo.it/cdNzGa
Interested in tapping into new opportunities by serving the underbanked? PRBC products can help.
http://bit.ly/9cB3Se
IRS will no longer supply their "debt indicator" credit data to banks for refund anticipation loans.
http://bit.ly/ajbGsf
Prepaid card industry targets those without banks. "...unbanked population isn't likely to shrink soon."
http://bit.ly/99erJT
U.S. consumer credit declined in June for 5th straight month. Uneven labor market discouraging borrowing.
http://bit.ly/9X8qHE
Not all security threats to your company come from outside. Are your own employees a risk?
http://bit.ly/dz9bWZ
Multibillion-dollar swath of programs to help struggling small businesses might be stuck in U.S. Senate.
http://bit.ly/dgY3AZ
Evictions - Number of households that moved because they were evicted has soared in the past year
http://bit.ly/9p6Ohz bb
Early July saw a decrease in consumer statute violation lawsuits against collection agencies and creditors
http://bit.ly/a68AGm
July Retail Data: sales down, online revenue up (12th month straight) travel spending up from July '09
http://bit.ly/cYVPEl
With Facebook chats & pokes, debtor's whereabouts, assets, residential address & telephone contacts are discovered.
http://bit.ly/9GYFXL
Auto model-year closeout deals draw consumers back to showrooms. Sales may rise to highest of year.
http://bit.ly/9c2amY
Man ditches $319k mortgage. Celebrates "sense of relief" by taking kids to Disney, buying an iPad.
http://bit.ly/cG2713
Foreclosures among borrowers with prime conforming loans have shot up 425% since January 2008
http://bit.ly/dca3oN
51% of survey respondents cite “financial know-how” most important life lesson to share with their kids
http://bit.ly/c59JP6
Does the Fair Debt Collection Practices Act allow for some to deliberately run up debts with no intention of repaying?
http://bit.ly/aELejR
WSJ - Fastest-growing consumer complaint - Bogus Offers to Save Consumers from Foreclosure
http://bit.ly/c1NxH7 bb
The debt collection industry's response to the newly created Bureau of Consumer Financial Protection...
http://bit.ly/aAA7R2
Improve your company's credit management and significantly reduce credit losses.
http://bit.ly/96Mdf8 KU
Will deliberately evasive debtors be able to hide behind the Fair Debt Collection Practices Act?
http://bit.ly/aELejR
Costs from data breach can devastate a small business (great article on guarding against identity fraud)
http://bit.ly/9YOyeY
California Mortgage defaults drop to lowest level in 3 years as lenders try to keep borrowers in homes
http://bit.ly/ahzZ5c
Confused over factored authentication and the difference between the term 'multifactor' versus two-, or three-factor?
http://bit.ly/cnpi2M
Creditors finding text messages and e-mails to be the preferred and most effective way to increase collections.
http://bit.ly/aJr3Cv
Across the entire SBA 7(a) program, overall lending to minority borrowers has fallen.
http://nyti.ms/bdrJeI
An overview of the key provisions of ambitious rewrite of financial regulation
http://bit.ly/dBeRBc KU
July Newsletter Topic: Are Payday Loans Better for Consumers than Overdraft Fees? (read more here
http://bit.ly/bflhu9)
With the votes lined up, the Senate is set to vote today on financial regulatory reform.
http://bit.ly/9dsI8t KU
MicroBilt's new Online Profile Search - Access information from over 50 social sites
http://bit.ly/dk3eEV
A FTC says system for resolving collection disputes is broken. Reform needed to improve fairness to consumers.
http://bit.ly/cNFKFv
Stop by and see us at ACA International's Annual Convention this week in Washington, D.C.. Kyle Duncan (MicroBilt) is at booth #536
Consumer borrowing down in 15 of the past 16 months. Americans remain jittery over durability of the economic recovery
http://bit.ly/aoSOob
The Unbanked, The Underbanked and The Underserved: How they are alike and how they differ.
http://bit.ly/9YTuH7
Wal-Mart's "Sam’s Club" will test online loan program aiming to help small businesses access capital.
http://bit.ly/dbh60q
HSBC Holdings Plc, sued because payment-protection service defrauds disabled, retired and unemployed U.S. consumers.
http://bit.ly/bQJfma
@
tokyomonster MicroBilt has 1000s of customers. To investigate this, it will require that you talk directly with our compliance group.
@
tokyomonster Not a problem, we are happy to assist you. U can email us inquiry@microbilt.com.
A round table discussion on the potential effectiveness of the new financial reform bill.
http://bit.ly/a5iZAB KU
Some states are starting to ban the use of credit history to screen job applicants. Do you agree with them?
http://bit.ly/aKb8NE KU
Launched New Resources for Small Business on Issues of Credit, Collections, Fraud & the Underserved
http://bit.ly/duEKMG
Small-business jobs bill introduced on Tuesday which includes programs to help businesses get bank credit.
http://nyti.ms/aQnjrp
Ready to start building business credit? Here's a short video of some of the key decisions you'll need to make.
http://bit.ly/bKKJsG
@
jgbadger thanks for the mention and highlighting our new see} Insights Newsletter
Do you think the new financial regulatory bill will help make big bank failures less likely and less damaging?
http://bit.ly/9OE8Iu
Do you thinkg the new financial regulatory bill will help make big bank failures less likely and less damaging?
http://bit.ly/9OE8Iu
Arizona is 16th state imposing payday loan interest-rate cap. 6+ other states considering restrictions
http://bit.ly/9ECaA2
Credit card delinquencies down in May. Fifth straight month of drop in delinquency rates.
http://bit.ly/b1419B
Overview of new FACT Act Furnisher Rules that go into effect July 1st.
http://bit.ly/9vj7VB Are you ready?
During first quarter 2010, 30 & 60-day auto loan delinquencies dropped for the first time since 2007
http://bit.ly/9Koh9w
MicroBilt Congratulates Team USA on their World Cup Victory over Algeria to advance to the 2nd Round.
Consumer Financial Protection Bureau: Compromise with nation's car dealers as they close in on aggreement.
http://bit.ly/dpIVMR
Top Ten List of Things to Watch For at Today's Wall Street Reform Conference Meeting
http://huff.to/brefSi bb
Foreclosures, defaults, auctions and repo's reported on 322,920 properties in May 2010. (⬇3% from April)
http://bit.ly/b3W1ZM
Strong demand for mobile payment in developing markets is being driven by the unbanked and underbanked populations.
http://bit.ly/cnkB1m KU
Received a great writeup in DMNews.com around our ILLC and Twitter Affiliate Rewards programs
http://bit.ly/ddGcDI
62 House Democrats urge party leaders to exempt auto dealers from regula