Student Loan Collections Feed Link

Student Loan Collections

Debt collectors work with universities, colleges and private lenders to collect student loans. For education loans backed by the federal government, the U.S. Department of Education has a clearly-defined collection program that uses private collection agencies. Recent changes in federal law will shift all previously federally backed loans to direct loans from the federal government, cutting private lenders out of the equation.

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Account Control Technology Forms Foundation to Support Education, Charities and Local Communities

Account Control Technology, Inc. (ACT), a national leader in delivering debt management and recovery solutions, is pleased to announce it has formally established the Account Control Technology Foundation (ACT Foundation). The non-profit, charitable Foundation was set up at the behest of ACT’s founders, Dale and Debbie Van Dellen, to support education, build financial literacy, fund vital charities and provide community support.

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ERC Announces Signing of Major Contract with One of Largest Student Loan Organizations

Enhanced Recovery Company, LLC (ERC) announced today that it is expanding its reach into the student loan industry with the addition of one of the largest student loan organizations in the country.  Additionally, significant investments in the technology platform to service this new market have also been made by ERC. Collection efforts on government guaranteed [...]