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Accounts in Debt Collection Remain Near All-Time High 26 Aug 2013 | 09:11 pm
Despite a drop-off in severely delinquent credit, the percentage of Americans with at least one credit report trade line from third party debt collection agencies stayed near an all-time high in the s...
Generation Y, Girls’ Camp, and Business! 26 Aug 2013 | 09:11 pm
There are some business lessons that can be learned from watching teenagers interact for a week.
Verifacts, Inc. Seeks to Maintain Your Company Image; Starts TECH LOCK Certified Audit 26 Aug 2013 | 09:11 pm
TECH LOCK, Inc. announces Verifacts, Inc. a trusted partner and invaluable resource for creditors, student loan entities, debt buyers, agencies, and law firms has started their TECH LOCK® Certified au...
Federal Court Allows Consumers to Curb Robo-Calls from Debt Collectors 23 Aug 2013 | 08:38 pm
The 3rd U.S. Circuit Court of Appeals in Philadelphia ruled unanimously Thursday that, under the Telephone Consumer Protection Act (TCPA), consumers may withdraw their consent to have robo-callers con...
Maryland Attorney Faces 90-Day Suspension Over “Robo-Signing” 23 Aug 2013 | 08:32 pm
Many creditors and debt buyers have faced scrutiny over so-called “robo-signing” of affidavits in debt collection lawsuits. Affidavit review procedures employed by ARM industry members have undergone ...
3 Tips for Texting in Collections 23 Aug 2013 | 08:32 pm
Adding text messaging to your contact strategies increases contact rates, reduces agent costs, and increases collections.
Account Control Technology Honored in the Inc. 5000 for Seventh Year 23 Aug 2013 | 08:32 pm
For the seventh consecutive year, Account Control Technology, Inc. (ACT), a national leader in delivering debt management and recovery solutions, has been recognized by Inc. magazine as one of America...
CFPB Supervisory Report on Mortgage Servicing Offers Clues to Debt Collectors 22 Aug 2013 | 09:03 pm
The CFPB Wednesday released a fairly detailed report on its examination activities from November 2012 through June 2013. The report focuses on bank and non-bank mortgage servicers. While debt collecti...
ARM Industry Veteran Does the Right Thing for War Veterans 22 Aug 2013 | 09:03 pm
Last week, ARM industry veteran and my longtime friend Jim Richards returned from a 21 day motorcycle ride nearly 6,000 across the U.S. to help raise money and awareness for war veterans who suffered ...
Portfolio Recovery Associates Expands Credit Facility to $633 Million 22 Aug 2013 | 09:03 pm
Portfolio Recovery Associates, Inc. (PRA, NASDAQ: PRAA), a financial and business services company operating in the U.S. and U.K, today announced it had modified its Credit Agreement of December 19, 2...
