5 Ways to Increase Your Collections Effectiveness
In today’s dynamic collections environment, traditional approaches are less and less effective. New techniques—like self-serve ways for customers to resolve delinquencies from their mobile phone—produce higher ROI for collections time, effort and expense.
Download this free whitepaper to learn how these new techniques could work for you!
Taking Your Collections Performance to the Top
insideARM: Accounts Receivable Management
The long-running legal battle between movie and music studios and consumers that illegally download their products got a novel twist late last week when a consumer attorney filed a class action lawsuit against a company tasked with enforcing the studios’ claims. The suit says that the company is acting as a debt collector and has violated the TCPA and FDCPA.Read more of today's top story »
Today's News and Opinion
- It Takes Two to Tango November 24, 2014
- Account Control Technology Donates $32,014 to Susan G. Komen and the Fight to End Breast Cancer November 24, 2014
- DC Circuit Court Hears Arguments in Cases Challenging CFPB Authority November 21, 2014
- Student Loan Guarantor, Owner of ED Debt Collector, Buying Corinthian College Campuses November 21, 2014
- The Smart Way to Evaluate Phone Data Providers November 21, 2014
- Taking Your Collections Performance to the Top November 20, 2014
- Collection Agency Founder Arrested by Feds and Charged in $5 million Fraud Case November 20, 2014
- CFPB Takes Actions Against Car Dealer Over Debt Collection and Credit Reporting November 20, 2014
- Owner Of Debt Relief Company Sentenced to 9 Years in Federal Prison After Guilty Plea November 20, 2014
- Feds Arrest and Charge Seven in Nationwide Debt Collection Scam November 19, 2014
Collection Industry Blogs
For years, strategic thinkers in the debt industry have known that student loans offers the most growth opportunity. But how safe is that assumption in light of the scrutiny everyone is giving education loans right now?
Congress is looking into how the government manages its student loan portfolios, the CFPB is taking a more active role in regulating the market — especially for consumer behind on their payments — and now, this: the possibility that accounts will be taken away from private ARM firms and given to in-house Treasury collectors.
So is this still the safe sector we all have assumed?