Delinquent Loan Payments

1 post / 0 new
DMcCranie

We currently do not allow for our Collections staff to post payments to member accounts. Requests are submitted to our Call Center to process transfers from member accounts to their loans. However, due to the increase in volume this task is becoming overwhelming for CC staff. How does your credit union handle these situations? With mitigating controls, what concern would there be for allowing Collections staff to post payments?