Embattled Collection Agency Opens Shop in Rhode Island

When Will Rogers said, “Rumor travels faster but it don’t stay put as long as the truth,” he wasn’t kidding. There have been murmurings within the industry that Norfolk Financial Corp. is no longer in business. In fact the seven-year-old firm has closed its doors in Massachusetts and relocated to Rhode Island. Daniel W. Goldstone, company president and founder, says he "moved his corporate offices to be part of the thriving business community in the Ocean State." (See also Two Collection Agencies Close Down in Face of License Dispute. — Ed.)

Norfolk’s staff continues to serve clients with integrity and the utmost attention to detail from their new home base. Their success record and client testimonials speak for themselves. They operate within with letter of the law to purchase: national bank credit card debt, private label credit card accounts, personal loans, commercial loan accounts, medical debt and regional and national portfolios.

Norfolk Financial actively supports legislative changes consistent with the interests of the credit and collection community and looks forward to the November ACA International Fall Forum in Chicago.

In the coming months Dan Goldstone will be educating lo-cal high school and vocational students on the importance of financial responsibility and managing credit wisely. He believes his interactive seminars will allow students to better evaluate the countless credit card, student and car loan offers they receive annually.