🎙 NACM's Credit Managers' Index (CMI) revealed credit application approvals dropped in April even as applications for new credit increased. The factor of rejections of credit applications fell 2.7 points into contraction territory at 49.7—its lowest level since July 2009 during the Great Recession. The flow of credit is being crunched by fina...

🚨 In-person networking, relevant educational sessions and maintaining certifications are just three of the many reasons credit professionals gave to attending NACM's 127 Annual Credit Congress this year.🎙 Hear why credit professionals of all different backgrounds say they are excited for June 11-14.⭐ Sheila Willis; Phil McCraw; Josh Gorman, SHRM-CP...

NACM's Professional Certificate Program creates countless opportunities for credit professionals who seek growth in their careers. For example, if you apply to a managerial or supervisory position, companies want to know if you have the experience to back up the qualities needed to stand out. A candidate who has an NACM designation may be more like...

⬆ Increasing past dues have been the number one challenge for credit professionals in the last year, according to a recent eNews poll.🎙 Hear from Craig Pluff and Brad Hamman, CBA in today's episode of Extra Credit as they talk about how to tackle the challenges they face. 

Credit professionals who have been in the industry for several years have lots of knowledge and expertise in their career. But it's never too late to learn something new—or fine tune those skills you use on a daily basis. Just like a car, even the most reliable tires need to be rotated after a while to keep the machine rolling. "When I got recruite...

 🤖 Artificial intelligence is revolutionizing the way credit professionals make business decisions and assess the creditworthiness of customers. Listen to experts talk about how AI is changing the future of finance.🎙 On today's episode of NACM's Extra Credit podcast, hear from Chris Arrington, Yazmin Yepez and Martin Zorn! 

📈 After roughly nine months of decline that almost led NACM's Credit Managers' Index into contraction territory, the index now seems to be on an upswing.🎤 On today's episode of NACM's Extra Credit podcast, hear from Amy Crews Cutts with the latest update of the CMI, along with Gary Juliano, CCE and Tracy Turner, CCE. ⭐ Featuring host Kend...

Many professionals seek opportunities to grow and learn through educational programs. NACM's Professional Certification Program is designed to amplify those opportunities for credit professionals."With my personality, I'm always looking for ways to better myself and better my professional career," said Graham Brockway, CBF, credit manager at Fergus...

🎂 HAPPY BIRTHDAY EXTRA CREDIT! 🎂🎉 One year ago today, NACM published its very first episode of the Extra Credit podcast! To celebrate this special occasion, we are bringing you a roundup of the most popular podcast episodes from the last year.🎙 Hear from Shane Inglesby, CCE; Chris Myers; Gweneth Weeks; Natalie Pearson, Susan Rausch, CCE; and A...

Many credit professionals seek NACM's Professional Certification Program as an opportunity to either learn new skills or expand on those already acquired. "Starting a new journey can be stressful, but the knowledge you can gain is immeasurable," said Tami Longmeyer, CCRA, CBA, debt collection analyst at the Office of Natural Resources Revenue (Denv...

🎤 On today's episode of NACM's Extra Credit podcast, hear from Kenny Wine, CCE and Jason Mott, CCE as they talk about their experience charging interest and late fees!⭐ Featuring host Kendall Payton! 

NACM's Professional Certification Program provides credit professionals with the tools they need to advance in their careers. Credentials matter in credit—so, what should you expect on your journey to earning a certification? Some credit professionals seek to earn designations because they want a deeper knowledge of their role and how to utilize th...

☀ Today's episode of NACM's Extra Credit podcast is all about learning from failure! 🎙 Hear from Eve Sahnow, CCE; Mary Moore, CBA; Amy Cook, CCE; and Kevin Stinner. 

🎙 We have a special episode of NACM's Extra Credit podcast this morning as we continue to celebrate female credit leaders who are shaping the future of credit management!⛰ "The challenges I faced as a woman, not only credit but in the construction industry as well, have been the hardest hill to climb," said Sheryl Rasmusson, CCE. "But where th...

Part of the Federal Reserve's responsibility is to keep the economy in good standing—prices that are not too high (boom) and not too low (bust). One tool the Fed has available to keep inflation in check is interest rates, but inflation today is more difficult for the Fed to control with interest rate hikes because there are other factors at play. S...

On this week's episode of Extra Credit...🚨 Don't sound the recession alarm quite yet!🎙 A recession likely won't occur until later than originally expected, said NACM Economist Amy Crews Cutts.That's what the latest CMI report is saying! 

​Economists now expect a U.S. recession to occur later this year than previously forecasted after several reports point to signs of economic resiliency. "We have a hard time believing the economy is in recession today, given a strong labor market and corporate earnings growth," Tim Holland, chief investment officer at Orion Advisor Solutions told F...

Economists predict a slowdown in U.S. labor market activity this year with the continued battle of inflation and a looming recession. The current unemployment rate fell slightly lower to 3.4% in January, per the Bureau of Labor Statistics—and despite recession fears, the unemployment rate has remained historically low between 3.5 to 3.7% since Marc...

🎯 Hardworking employees naturally seek promotions and raises as a reward for their contributions. But sometimes it can be challenging to make large career jumps at the same organization.🎤 Hear tips from Eve Sahnow, CCE; JoAnn Malz; and Jason L. Mott, CCE on today's episode of NACM's Extra Credit podcast! 

The Federal Reserve's aggressive interest rate hikes seem to have helped cool inflation, but many businesses still feel the strain of high prices—and some economists believe a recession is the only way to bring inflation down to the 2% goal.The Consumer Price Index (CPI) measured at 6.4% year-over-year in January, a slowdown from the 7.1% in Novemb...