Below are all the posts — topics as well as replies — that mention the hashtag #credit.
Mention #credit in your post to continue the discussion!
miss a car payment and car will be repo. If Ford got into the repo gig they could turn around and run these cars they repo through Dealer or Public auctions. If Ford goes the public auction route, they should only sell the repos AS-WHERE IS, no implied warranty what-so-ever.
You have to admit this is a great idea. Not even Dave Calohoun, the train wreck CEO fired by Boeing who's wanting to be named Ford next CEO could have thought of this.
Do you remember a few years ago when the bank changed multiple procedures surrounding deposit migrations for major risk and compliance reasons where people were manipulating incentives? At that time, branch managers lost the ability to initiate or process them directly, and regional leadership could no longer broadly approve deposit migrations without reviewing supporting documentation. Managers also previously had visibility into tracking deposits moving to and from their centers and had to agree to it.
That level of transparency no longer exists. Branch managers are now unable to view the underlying details, while area and regional leadership still appear to have the ability to add deposits to certain branches’ goals and remove them from others — all with little visibility or oversight. Unless someone knows how to navigate obscure reports, they may never even notice these adjustments taking place. Even then, managers can only see the dollar impact per week, not the supporting account information or documentation that justified the monthly deposit area/region migration, as was available years ago. These detailed reports are only visible to area managers and above now. If your area manager chooses to not disclose to you anything, you’ll never know what’s going on behind the scenes. If you do find out from your own research, you’ll never know why and they may never answer you with a direct answer if you caught some funny business.
This has become increasingly concerning because many strong-performing managers feel like they are working hard without seeing results reflected fairly. Some who investigated further discovered that their branches had unfavorable deposit migrations applied against them with no clear explanation provided. When questions are raised, responses are often vague, evasive, or framed as “for valid reasons” without identifying the accounts or rationale involved to the effected branch or manager.
What makes the situation more troubling is that some of the branches seeing repeated goal increases through these regional or area-level deposit migrations tend to be branches that have strained relationships with leadership due to the branches having a low appetite to engage in unscrupulous behavior. Meanwhile, pawn branches viewed more favorably by leadership have reportedly received repeated goal reductions through the same behind-the-scenes process. These changes can apparently be made quietly with a few clicks, without disclosure, communication, or accountability to the affected branches. When clarification is requested, there seems to be little transparency and few direct answers.
We were informed that in situations where a previous branch held deposits in December but later lost them, credit can shift between branches based on where the client previously maintained balances. For example, if you bring a client’s funds to your branch by selling them another product at a different branch, the credit for those deposits may be reassigned to the other branch depending on prior year balances regardless that those balances were lost earlier in this year.
We were also told there is no formal distinction between “new” and “existing” money in certain tracking systems, and that current reporting tools may not fully reflect these scenarios yet. As a result, even if a client transfers funds from an existing account at another cost center into a newly opened account, those new money funds may still be added back to your goal by area and region because the system doesn’t recognize new money in the rules yet, if it was spent in the first few months of the year and you had an actual new money event with your client.
In practice, this also means that even when new funds are deposited into an account opened with transferred balances—and those balances are used immediately—the full amount may still be credited back toward the originating branch’s goals under current accounting or reporting rules and added back as a goal to yours, meanwhile you already had it reduced when it left days after the account opening.
Have to give credit when due. Our stock rebounded last week. Is that a sign of recovery or only one week of positive gains. I am not a financial guru so I am asking.
Is this true?
Risk management and business enablement first. Next wave is wholesale credit delivery.
OP: @b0+1ks3m4ct1
Check your spiff $$$
Associates at my store want a better system for giving out credit spiff as some believe their spiff money was stolen
Anyone lose their jobs in credit balance? God I wish they would lay me off.
You may want to check the balance on your ExxonMobil gas card account.
When we swapped over to the new company which handles our paychecks someone forgot to check a box. The money was taken from the paychecks but never sent to the credit card company for payment.
While some employee's balances have been paid...............I am finding the majority have not. Interest is being charged.
Merle Norman is a great option if there are any near you. Commission is much better than belk, without the insane requests for credit, working in other departments, and understaffing.
The ratings agency on Friday downgraded Xerox's corporate family rating one level to Caa2 from B2. Moody's also assigned a Caa3 rating to Xerox's step up backed senior unsecured notes due in 2030. The ratings outlook was changed to negative from stable.
Moody's cut Xerox's credit ratings, citing concerns over the company's financial performance since its deal to acquire Lexmark closed last year.
Moody's said the downgrade was driven by Xerox's worse-than-planned performance after its $1.5 billion acquisition of printer maker Lexmark closed in July 2025. Continuing challenges in the printer market and subsequent revenue declines may make it difficult for Xerox to refinance its debt before it matures in 2028, Moody's said.
Moody's said Xerox will likely remain under pressure as its large peers; such as Canon, Fujifilm and HP; benefit from more diverse revenue streams and stronger balance sheets. The ratings agency expects Xerox's revenue to decline by a low- to mid-single-digit rate, partially offset by margin improvements as the company realizes synergies from its Lexmark acquisition.
Xerox has also implemented a warrant program that allows for an effective exchange of debt at distressed levels for equity. If a material amount of debt is exchanged, Moody's said it could view the transaction as a distressed exchange.
https://www.marketscreener.com/news/moody-s-downgrades-xerox-on-concerns-over-financial-performance-ce7e5fd3dc8ef325
You can work nights and weekends and they'll still blame you for the next tiny thing. The worst people sit right next to you, take credit and disappear when there's a problem. I'm completely finished with it.
Hearing some rumblings of issues. Anyone here with insight on this?
I still have a wells credit card. No other accounts. will stop using it from now on.
That is the one little thing I can do
I have had credit for my ideas stolen so many times that I have stopped sharing them. Started on day one. My manager stole an idea I had during my first week. He rode that one idea for almost ten years until he retired. I’ve had supervisors steal my ideas and then work on them with others keeping me excluded. Now I don’t share my ideas. I have a bunch of ideas that would save the company and lot of money but f&$k em!
Seems like the layoffs in that group are minor compared to the rest of the risk org. Why?
Anyone with an employee discount receive notification of a credit due to the outage. I tried customer service but gave up after being on hold forever. I’m going to guess that BZ will somehow deny us a credit for some reason they can’t justify.
Nordstrom Credit Bank is located in Colorado but has remote employees in Arizona who will be laid off as part of the transition.
The Colorado location was not closing but would retain only a few employees after the transition, Laura Duve, of Nordstrom’s human resources team, wrote in a letter to the Arizona Department of Economic Security.
I just want to know- if everyone thinks Belks is “going under” , what’s the point of the Belk’s rewards credit cards then? Why is there such a push to get them? If Belks falls the cards will be useless to anyone/everyone. So, why’s there a push for this if so many people think Belk’s is not doing so great? Do you think the credit cards will save a company from collapse?
Help me understand.
Every time I look around, it feels like leadership keeps growing while the people doing the real work get ignored. The folks out in the field carry the weight and never get the credit. Meanwhile the top keeps collecting massive paychecks without seeing what is actually happening. How's that fair?
https://www.spglobal.com/ratings/en/regulatory/article/-/view/type/HTML/id/3473445
I guess Wall Street didn't care for the Clown's pep rally today. This is why you pay your bills.
Just learned my co worker who was hired recently for cosmetics was told by our cosmetics manager to do anything to get credit apps and to NOT use the term “credit card” with customers and to say it’s a “rewards card.” Is this promoted at other stores?
not a good sign for the economy too.
30+ people were let go.
we fear that more will be let go.
godspeed all
Some have asked when the final paycheck for those in the US on garden leave ending tomorrow (Monday) will be paid. My credit union website shows pending transactions with about 12 hours of anticipation, and it's currently showing two deposits tomorrow, 9/22, from O. One is the regular two week paycheck which would normally be paid on Thursday and the other is for the last day on Monday which would normally be part of the next pay cycle.
Ever thought thru an issue, come up with a tangible improvement and presented to your supervisor only to have them dismiss it or say it won’t work?
Then, surprise! Months later the same suggestion comes full circle, now for implementation, from that same boss as THEIR idea. They take the credit and collect the accolades (and financial bump).
I had this happen with 2 Brit bosses in London. Really, almost verbatim of my plans.
How do you guard against this? Talk about demoralizing when you’re trying to be proactive and your ideas are usurped by your superiors.
Sound familiar? How do you derail this behavior?
Verizon Slammed For Retaliating Against Customer Who Filed Complaint, Allegedly Blacklisting Them And Re-Aging Debt To Hurt Credit, Raising Serious Concerns Over Fairness And Accountability
https://wccftech.com/verizon-slammed-for-retaliating-against-customer-who-filed-complaint-allegedly-blacklisting-them-and-re-aging-debt-to-hurt-credit-raising-serious-concerns-over-fairness-and-accountability/
Xerox Credit Rating Cut to ‘B’ Due to Lexmark Integration and Low Cash Flow.
https://tonernews.com/forums/topic/xerox-credit-rating-cut-to-b-due-to-lexmark-integration-and-low-cash-flow/
Thermo Fisher Scientific has outsourced their credit and collections dept to Costa Rica. Shame on them. Any U.S. company that moves American jobs out of the country I have no respect for.