The student loan market is often framed in terms of the Next Big Thing for the ARM industry. Unpaid student loans make up the highest-growth collections market in the country, topping $1 trillion in 2013. However, the market segment remains confusing for those that want a chance to work student loan paper.
MyGovWatch.com, a website that tracks government and student loan collection services purchasing nationally, announced today that it has launched a revamped version of its Vendor Center, a feature that lets users look up price quotes, documents, and other activities of competitors.
Oregon lawmakers Wednesday held a hearing on a bill that would prevent the state’s Department of Revenue from hiring private debt collection agencies to help recover unpaid taxes.
Performant Financial Corporation (NASDAQ: PFMT), a leading provider of technology-enabled recovery and related analytics services in the United States, today announced that Bradley M. Fluegel has been elected to serve on its Board of Directors.
National Credit Services (NCS) and Fed Cetera are pleased to announce that NCS has won Fed Cetera’s first-ever Robert J. Prince Award for outstanding performance as a subcontractor on the Department of Education’s (ED) Private Collection Agency (PCA) contract.
Net Gain Marketing, Inc. (NGM) today announced that it will offer ten free leads to new clients in 2014 to celebrate the company’s ten years in business. Any company that signs a new contract with NGM during 2014 can take advantage of this offer at any time.
Continental Service Group, Inc., d.b.a. ConServe, is pleased to announce that they have once again been recognized as the top performing collection team by The U.S. Department of the Treasury, Bureau of the Fiscal Service (BFS) for the period October 2013 – December 2013.
The district attorney in Lane County, Ore. said recently that his office’s check diversion program will shut down because of a new debt collection law set to take effect January 1. The DA believes the new law would make check collection more expensive and potentially expose the office to FDCPA lawsuits.
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.
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.