Hidden Collection Opportunities: Uncover settlement opportunities by accessing the most up-to-date information about debtors enrolled in debt settlement programs with the industry’s most advanced web-based settlement system that significantly lowers the cost of collections and increases liquidation rates.

Using CONCERTO 3.0, creditors, debt buyers and collection agencies can immediately locate hard-to-find debtors, analyze the pre-approved savings balances of individual debtors, submit lump sum or term settlement offers to multiple debt settlement companies simultaneously, and monitor or evaluate accounts for future settlement opportunities.

Implementation of Increased Security and Data Control Policies by Debt Settlement Companies Would Result in Greater Adoption by ARM Companies

by Teresa Dodson April 16, 2012 (Be the first to respond)

It’s difficult to avoid the media attention given to the importance of data security and the protection of consumer information. And given the damage that can occur and the potential financial losses incurred by all parties, maybe that’s a good thing.

More Collectors Working with Debt Settlement Companies, Part II

by Edward Fontaine March 13, 2012 (Be the first to respond)

Yesterday, we looked at several reasons why collection agencies did not currently work with debt settlement companies. Today, we want to look at what might compel an agency to change its mind. In order to confirm the reasons stated above for NOT embracing debt settlement companies to recover debt, insideARM.com asked the following question, proposing the use [...]

More Collectors Working with Debt Settlement Companies

by Teresa Dodson March 12, 2012 2 Responses

In the recent insideARM.com Debt Settlement survey, over 53% of the ARM industry company respondents indicated that they were now working with debt settlement companies to increase their collections. While this number appears to demonstrate a clear adoption of this channel by the industry, insideARM.com wanted to know why roughly half of the collection industry [...]

Persolvo COO Named to Board of the American Fair Credit Council

by Mike Bevel February 22, 2012 (Be the first to respond)

Persolvo Data Systems, a leading provider of web-based settlement software and analytics tools designed to locate, identify and settle accounts enrolled in debt settlement programs, announced today that The American Fair Credit Council (AFCC), the leading association of consumer credit has named Teresa Dodson, Chief Operating Officer of Persolvo, to its executive board. Ms. Dodson [...]

Who is Utilizing Debt Settlement Companies to Collect More Debt?

by Teresa Dodson January 31, 2012 (Be the first to respond)

Recently, InsideARM.com conducted a survey of the ARM industry to better understand how creditors, collectors, debt buyers and legal recovery firms were levering the newly regulated debt settlement industry to improve collections. With 649 ARM professionals responding to this survey, one thing that was immediately apparent is that the debt settlement is on the radar of ARM professionals.

Company Profile:

CONCERTO 3.0 from Persolvo Data Systems is the first patent-pending system to aggregate account information on debtors enrolled in debt settlement programs. Persolvo’s web-based, PCI-compliant settlement application allows creditors and collectors to locate debtors, analyze their account information to uncover highly-liquid settlement opportunities, and settle large numbers of accounts online with over 450 debt settlement companies. The Persolvo system is the largest database of aggregated debt settlement accounts available today and provides the most accurate and up-to-date information. http://www.persolvo.com.