Listen "Collecting on overdrawn or charged-off accounts during COVID-19"
Episode Synopsis
As consumers start to receive stimulus payments there is no specific provision in the CARES Act for collecting on negative balances or accounts previously charged off due to a negative balance. This episode features a discussion of the potential reputational risks and compliance concerns.
More episodes of the podcast JMFA Podcast
Keeping up with compliance
22/02/2023
Does your overdraft strategy need a reboot?
21/10/2021
Solutions for how to address earnings issues
09/09/2020