Deborah Brown and Alex Mobasher are proud to announce the launch of Pacific Point Services, a Service Disabled Veteran Owned Small Business (SDVOSB). The company will be headquartered in Carlsbad, CA offering specialty collection services specifically focused on the student loan market.
ECMC Group announced Thursday that it has entered into an agreement to acquire 56 Everest and WyoTech campuses from Corinthian Colleges Inc. and transition them from for-profit to nonprofit status. The total purchase price is $24 million.
Accounts receivable management form ConServe announced the following managerial promotions and assignments:
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?
The U.S. Treasury Department is readying a pilot program to take over the collection of some defaulted student loan accounts from the Department of Education, essentially removing the work from contracted private debt collection agencies. But it might not be so simple.
Recovery Management Services Inc. (RMS), a nationwide provider of collection services in the education vertical is proud to announce the addition of Dan Exline as Chief Executive Officer.
Student Lending revenues declined 35.3% during the third quarter to $28.1 million, from $43.4 million in the prior year period.
Expert Global Solutions (EGS), parent company of ARM giant NCO Group, announced Monday the closing of a deal that saw it sell Transworld Systems and many other debt collection units to a private equity firm. The transaction was initially announced in July.
ARM firm ConServe announced today that as a direct result of Brandon’s exceptional performance in the capacity of interim Vice President of Operations for the last six months, he has been named the official Vice President of Operations.
The U.S. financial watchdog Consumer Financial Protection Bureau (CFPB) Thursday released a new set of tools student loan borrowers can use if they run into trouble making payments on their accounts. The federal agency’s goal in the release is to help distressed borrowers avoid defaulting on their student loans and going into collections.