Four Tips to Create a Strategic Collections Process
-->It is safe to say that most of the general population wants to pay its bills on time. However, as anyone in the payments industry knows, this does not always happen as planned. Having a system in place that makes it easy for consumers to do the right thing will benefit all parties in the long term. An intentional and efficient strategic collections system can be a tremendous benefit to your credit union.
As technology continues to advance, the task of collections becomes more complex. The Telephone Consumer Protection Act (TCPA) restricts the making of telemarke...