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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.

Student Aid

Webinar Examines Opportunities Within Student Loan Market

The vast majority of collection opportunities within the student loan marketplace have been with state and federal government clients, private guarantors (like Sallie Mae), and private lenders (like large financial institutions). So, what’s available today? That’s the topic of a webinar scheduled for Tuesday, 29 July 2014, at 2.00 p.m. Eastern, sponsored by FICO. REGISTER […]

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NCO Parent Company Selling Transworld Systems, Divesting Third-Party Collection Unit

Expert Global Solutions (EGS), a global leader in the Business Process Outsourcing (BPO) industry and parent company of ARM giant NCO Group, announced Monday that it has entered into an agreement to sell certain segments of its ARM business to private equity firm Platinum Equity. Financial terms of the pending transaction were not disclosed.

Front Row: ACT San Angelo representatives Brenda Coats (far left) and Trudy Taylor (far right) present a check to Project Graduation representatives Sandy Sawyer and Joanne Bishop (middle). Back Row (L-R):  ACT representatives Yvonne Rodriguez, Brian Shively (Director of Operations), Monica Parker, Rebecca Becknell and Stephanie Martinez.

Account Control Technology Donates $5,000 to Project Graduation – San Angelo

Account Control Technology, Inc. (ACT), a national leader in delivering debt management and recovery solutions, is pleased to announce that employees of its San Angelo office recently delivered a donation of $5,000 in support of the community’s Project Graduation program, which provides an alcohol and drug-free celebration for high school seniors the night of graduation.