<p>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. </p>

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.

<p>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.&nbsp; This episode features a discussion of the potential reputational risks and compliance concerns.&nbsp;</p>

Collecting on overdrawn or charged-off accounts during COVID-19

JMFA has been a leading industry provider for community banks and credit unions for more than 40 years. With more than 2,000 client consulting projects focused on improving service delivery, strengthening income and, controlling expenses, the JMFA team is committed to sharing keen insights and information in support of helping clients achieve measurable results.

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Collecting on overdrawn or charged-off accounts during COVID-19

Collecting on overdrawn or charged-off accounts during COVID-19