As the ARM industry prepares for 2014, it might help in strategic planning to know which types of debt are attracting the most consumer complaints about debt collection.
The Consumer Financial Protection Bureau (CFPB) Tuesday announced that it will be expanding its regulatory reach to companies like Sallie Mae that collect and manage student loan payments. The agency will now supervise the seven largest nonbank student loan servicers.
MyGovWatch.com, which tracks government and student loan collection services purchasing nationally, is now offering an unprecedented, limited-time promotion for new clients through December 31st. Any company that signs a trial contract to access the website for the month of December will receive three user licenses for the price of one, and the month of December will be free of charge.
Fed Cetera, LLC, today announced the creation of a new performance award for small businesses participating in the U.S. Department of Education (ED) Private Collection Agency (PCA) contract as subcontractors.
The percentage of American consumers with at least one account in the third party debt collection system fell sharply in the third quarter of 2013, according to data released Thursday by the Federal Reserve Bank of New York. But the average balance of accounts in collection increased sharply.
Delta Management Associates, Inc. (Delta), a premier provider of tailored recovery solutions to the higher education community, today announced it has opened a fourth center of excellence in Phoenix, Arizona. The new center has been established to support the needs of Delta’s rapidly growing client portfolio and will add approximately 150 jobs to the local market.
The Consumer Financial Protection Bureau (CFPB) today published debt collection complaints it has been collecting since July 10. The data was made publicly available in the Bureau’s Consumer Complaint Database.
LiveVox Inc., the leading provider of cloud contact center solutions for enterprise operations, announced today that John McNamara, Chief Marketing Officer, LiveVox, will join leaders from across the student lending industry at the 2013 NCHER (National Council of Higher Education Resources) Knowledge Symposium in St. Pete Beach, Florida.
Continental Service Group, Inc., d.b.a. ConServe, was selected by the Rochester Business Alliance as one of Rochester, N.Y.’s Top 100 Fastest Growing Companies, ranking 8th on the list.
Account Control Technology, Inc. (ACT), a national leader in delivering debt management and recovery solutions, is pleased to announce that for the second consecutive year the company has been featured in Inc. magazine’s Hire Power Awards recognizing the private businesses generating the most jobs.