How Lenders Can Combat Growing Delinquency Rates
Jan 25, 2024 MicroBilt News
Borrowers are defaulting on car loans at the highest rate in 27 years There are several reasons for the unprecedented growth in delinquencies. Below, we cover three primary issues causing financial stress on consumers in the current economic environment.
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How to Defend Against First-Party Fraud
Jan 10, 2024 MicroBilt News
New Technology is Changing the Game for Debt Collectors
Jan 10, 2024 MicroBilt News
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
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Developing a Loss Prevention Strategy That Works
Dec 15, 2023 MicroBilt News
Loss prevention, also known as asset protection or shrinkage, refers to a set of strategies put in place by businesses and organizations to minimize various forms of loss. These losses can occur due to theft, fraud, accidents, errors, or other unforeseen events and can significantly impact a company's financial health, reputation, and overall operations. Keep reading....
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Mobile ACH payment options require security
Nov 11, 2023 MicroBilt News
Continue reading and learn more about the risks associated with mobile ACH payments, what key regulations are currently in place to safeguard financial data.
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