May 16, 2019

Posted by & filed under Credit.

By: Scott Blakeley, Esq., Blakeley LLP

Credit teams throughout the US continue to deal with the dramatic increase of customers in the B2B space using credit cards to pay invoices. But the dramatic increase in card use for B2B payments is not limited to domestic customers. Canada has seen a comparable jump in the number of customers using credit cards to pay their Canadian suppliers. Suppliers distributing their product or service through a subsidiary in Canada are evaluating ways to limit card acceptance costs. All Canadian Provinces have just approved a class action settlement between retailers and Visa and Mastercard that allow for Canadian suppliers to surcharge their credit card paying customers. In light of the Provinces’ approval, what does it mean to the credit team and their Canadian customers?… Read the rest

May 16, 2019

Posted by & filed under Credit.

For Immediate Release – NACM Commercial Services and San Diego Wholesale Credit Association (NACM San Diego/NACM Colorado/Pacific Southwest Credit Association – NACM New Mexico) Announce Combination of Operations

Combined organization establishes largest regional NACM Affiliate with focus on driving innovation, delivery of credit management tools and serving as a premier educational resource for business credit professionals.

Portland, OR and San Diego, CA (May 15, 2019) – With a keen eye on the future, NACM Commercial Services and San Diego Wholesale Credit Association (NACM San Diego/Colorado/New Mexico) have combined their strengths and expertise creating one of the largest affiliates in the NACM (National Association of Credit Management) network.  The acquisition was completed and became effective on Thursday, May 9, 2019.… Read the rest

May 16, 2019

Posted by & filed under Credit.

– Information provided by Experian & the text is set forth in full at the Consumer Financial Protection Bureau’s Website at www.consumerfinance.gov/learnmore.
I. OBLIGATIONS OF ALL USERS OF CONSUMER REPORTS
A. Users Must Have a Permissible Purpose

Congress has limited the use of consumer reports to protect consumers’ privacy. All users must have a permissible purpose under the FCRA to obtain a consumer report. Section 604 contains a list of the permissible purposes under the law. These are:

  • As ordered by a court or a federal grand jury subpoena. Section 604(a)(1)
  • As instructed by the consumer in writing. Section 604(a)(2)
  • For the extension of credit as a result of an application from a consumer, or the review or collection of a consumer’s account.
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May 15, 2019

Posted by & filed under Credit.

NACM Commercial Services provides scholarship opportunities through the NACM Commercial Services Foundation.

The NACM Commercial Services Foundation has been around for two decades, providing scholarship opportunities to credit professionals.

The scholarships offered through the Foundation assist applicants in the pursuit of education and training, achieving professional designation, and attending national and regional programs.

Join us for the 2019 NACM Commercial Services Annual Meeting in Portland, OR on Wednesday, June 26th at 5:30 p.m. If you are in our outlying areas, you can attend the meeting via Skype. Contact Shannon Abnal for information on Skype.

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May 15, 2019

Posted by & filed under Credit.

We are so proud of everyone who works so hard to earn their designations. It takes many hours of educational classes and studying. These six peopled earned their designations in March, so let’s congratulate them on all their hard work.

Jay Gassner, CBA – Hampton Lumber Sales Co
Nicholas Luzania, CBA – Helena Agri-Enterprises LLC
Jennifer McGill, CBA – KATU
Chris McNeil, CBA – Groupware Technology Inc
Ginny Myre, CBA – Benchmade Knife Co Inc
Lorelie Sharp, CBA – Columbia Distributing

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May 15, 2019

Posted by & filed under Credit.

By: Erin Bair, Director, Training & Organization Development, Cascade Employers Association

Perhaps your direct report’s performance has not been meeting your expectations or is engaging in behavior that you find troubling. Maybe that’s the case, but it’s not your direct report. It’s your peer or your boss. Difficult conversations (a.k.a. conflict) is often the most disliked part of management – whether we’re managing up, down, or sideways.

The good news is that with tools and practice difficult conversations get easier over time. We might never look forward to them, but we will see how valuable they are to building lasting, meaningful relationships at work. We’ll be taking a look at three areas: timing a difficult conversation, prepping for a difficult conversation, and the essential elements of the conversation itself.… Read the rest