RDR Programs Designed for Credit Unions
Recent RDR News - Check it out!
VIDEO: NCUA Supports Responsible Debt Relief and the American Debt Relief Challenge in a Recent Speech by Vice Chairman Rodney Hood - Click here to View
"Evolution of Credit Cards" - Featured Article in October 2009 issue of Credit Union Magazine (written by Dr. Manning)
Responsible Debt Relief in the Credit Union Times
Responsible Debt Relief in Credit Union Management magazine
NCUA Approves Dr. Manning's Shared Equity Appreciation Proposal for Mortgage Modifications
Shared Equity Appreciation Proposal [view full report]
NEW! RDR CUSTOMIZED PROGRAMS AVAILABLE TO YOUR CREDIT UNION!
VIDEO: Brief Introduction to the various programs designed for Credit Unions - Click here to View
Financial Tools Offered by Responsible Debt Relief
RDR offers a number of plans for the Credit Union: RDR products/services are tailored to meet the demands of your Credit Union! There are separate booklets on each program with more detailed information and implementation steps. They are available by emailing info@responsibledebtrelief.org or calling our offices at (888) 332-5819.
- Membership Services – Financial Health Check-ups and Pre-delinquency Assessments
- Collections (Learn More - Click Here)
- Select Plan
- Select Plus
- Upper tier repayment
- Site Licensing of RDR software (Learn More - Click Here)
- Mortgage Modifications
- New Loans* (mortgages, auto loans, etc)
- Internal Work-outs
- Household Income Stress-tests
- Hybrid Secured Loans
- 3/27 Home Mortgage Refinance
- 3/2 Auto Loan Refinance
VIDEO: Brief Overview of the RDR Collections Program - Click here to View Part I
VIDEO: Brief Overview of the RDR Collections Program - Click here to View Part II
*The RDR algorithmic software assists Credit Union staff in analyzing the risk with new loan applications: (Learn More - Click Here)
- Mortgages
- Auto Loans
- Student Loans
- Credit Cards
- Credit Line Increases
- Balance Transfers
VIDEO: Brief Overview of the RDR Underwriting Analytic Tool - Click here to View
The underwriting module is very useful in that it produces clearly defined risk assessment guidelines based on the precise RDR Financial Household Position Score (Total monthly expenses as a % of net, after-tax income).
SAFE BALANCE TRANSFERS: RDR has partnered with the American Debt Relief Challenge Balance Transfer Program
As an additional service offered to Credit Unions participating in the ADR program, RDR offers a quick, reliable, and verifiable risk assessment report available at a very modest cost. This cost-effective underwriting report offers Credit Unions a precise risk assessment report to make a well-informed decision to accept a full or partial balance transfer or to decline the application.(Learn More - Click Here)
Short Video Clip Describing our Underwriting Service for ADR
Promotional Materials to view/download:
Posters:
Postcards
Your Credit Union will solidify its leadership in the financial industry by promoting the Responsible Debt Relief programs. RDR programs create a Win-Win situation for both the Credit Union and the member in this difficult economic environment. The programs are explained fully in Information and Instruction Manuals - Contact us today to find out more!