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RMAI Update May 2023

RMAi Blog

A debt collector unaware of the discharge, allegedly due to a bona fide error, sent several collection letters to the consumer regarding the past-due rent. 1692e (demanding payment of a debt not owed) and 15 U.S.C. RMAI also submitted Comments to the CFPB on the 2023 CARD ACT report. Nat’l Credit Sys. , 21-3131, 2023 U.S.

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The Impact Of Remote Working On Debt Collection

JSP Credit Management

This blog below is going to explore that change in more detail, and more specifically how it has affected the commercial debt collection industry. In fact, in some circles we know that not doing that was seen as a sign of failure or under-performance.

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Why it's time you give up spreadsheets in the ALLL calculation

Abrigo

To those in the early 20th century, the typewriter was the most efficient way to write letters and the Model T was the latest and greatest in transportation. We will delve into what those improvements look like momentarily, but let’s start with a few high-level concerns bankers have with spreadsheets.

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Evaluating Single vs. Dual Rating Systems

Abrigo

Differences between the two ratings are generally because of secondary support factors such as collateral, guarantees, or letters of credit that would impact a single facility and not the borrower’s overall condition. Said another way, it has to decide between a single or dual rating system. There are benefits to each.

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How to Get Rid of PMI on an FHA Loan

CreditStrong for Business

If you have both of those data points, here’s what you should know to determine when you can cancel your FHA loan’s MIP. They have to follow the letter of the law if they want the FHA to insure the loan. Here are your two options for doing so. It protects them if you ever default. Here’s how it works. Can You Cancel FHA MIP?

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Zenefits vs. TriNet: Which Is Right for Your Business?

Fundera

Note that not all these features are included in a standard plan, so we’ll differentiate between what comes standard and what you’ll have to pay extra for. Send employee offer letters and onboarding documents. TriNet vs. Zenefits. If you’re researching your options, two names you’re likely to encounter are TriNet and Zenefits.

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20 Real Ways to Make Money From Home For Free

Due

However, there are a few basic things you can do to lower your financial stress, as well as your budget: Cut back on your expenses Apply for a raise Get a better-paying job Start a side business All seem relatively easy. What’s more, it doesn’t take a lot of money to lower your financial stress. According to the U.S.