Common Mistakes in Consumer Collection
On-Demand Webinar
StreamedSep 24, 2024Duration90 minutes
- Unlimited & shareable access starting two business days after live stream
- Available on desktop, mobile & tablet devices 24/7
- Take-away toolkit
- Ability to download webinar video
- Presenter's contact info for questions
The world of delinquent borrowers is never boring and never stands still.
Credit risk is a hot examination
topic as delinquency and charge-off ratios are rapidly increasing. Everyone
understands there is a massive storm brewing on the delinquency horizon and
even financial regulators are sending up warning signals! The one thing you
cannot afford to do right now is NOTHING!
AFTER THIS
WEBINAR YOU’LL BE ABLE TO:
- Create an effective collections process with optimal contact points
- Leverage your existing technology
- Utilize analytics with your mountain of borrower data
- Efficiently manage third-party collections vendors
- Appreciate increasing regulatory attention on collections
- Avoid common compliance issues
WEBINAR DETAILS
An ounce of prevention is
always worth more than a pound of cure! Too many institutions fail to
consistently evaluate collections processes and fall victim to readily
avoidable errors. Now is the time to reassess your collections processes to ensure you are
getting the best results – while also assisting troubled borrowers and avoiding
the increasing number of compliance landmines.
Join former collections attorney and veteran collections consultant David
Reed as he walks through practical methods to evaluate your consumer
collections efforts and provides real-world solutions to the most common
collections mistakes.
WHO SHOULD ATTEND?
This session will benefit
executives, managers, collections managers, collectors, compliance officers,
internal auditors, lending staff, and anyone involved in the collections
and compliance processes.
TAKE-AWAY TOOLKIT
- Checklist of the top five mistakes in consumer collections
- Sample collections inventory and risk assessment matrix
- Recent debt collections regulatory guidance
- Employee training log
- Interactive quiz
- PDF of slides and speaker’s contact info for follow-up questions
- Attendance certificate provided to self-report CE credits
NOTE: All materials are subject to copyright. Transmission, retransmission,
or republishing of any webinar to other institutions or those not employed by
your institution is prohibited. Print materials may be copied for eligible
participants only.
Presented By
Reed & Jolly, PLLC
© 2024 FINANCIAL EDUCATION & DEVELOPMENT, INC
