If Private Collectors Won't Be Handling Defaulted ED Loans in the Future, Who Will?

Last week in a joint announcement, First Data (NYSE: FDC) and Navient (Nasdaq: NAVI) announced they had reached a strategic agreement for First Data to become the primary provider of technology solutions for Navient’s federal and private education loans. As a part of the agreement, First Data will acquire Navient’s student loan technology platform. The deal is expected to close in the third quarter of this year.

Read the Whole Story »

How much you can save with digital collections?

When it comes to collections, predictive dialers aren’t getting the job done. At $4-$7 per contact, they’re expensive and ineffective—not to mention that 93% of consumers prefer to be contacted through email and text. Click here to calculate just how much you’d save by switching to digital. 

News and Opinion

from insideARM.com

» Facing the Music: Consent Granted When Consumer Voluntarily Provides Phone Number Limited by “Transactional Context”

» If Private Collectors Won't Be Handling Defaulted ED Loans in the Future, Who Will?

» Court Holds Manual Clicker Application Not an ATDS Based on FCC’s 2003 Predictive Dialer Ruling

» Teffia Inc. Receives WBE Certification

» ED Data Shows 109% Increase in Student Loan Defaults Over Last 4 Years; Says Small Businesses Can Handle

» The CMI Group Hosts Game Drive to Benefit Ronald McDonald House of Dallas

» Cedar Financial Provides Homes4Families Through WE Build 2018

» Breaking: Judge Dismisses Cases in FMS v. ED

Facing the Music: Consent Granted When Consumer Voluntarily Provides Phone Number Limited by “Transactional Context”

This article first appeared on TCPAland and is republished here with permission.

Read the Whole Story »

insideARM Jobs

» Manager Billings, Vehicle Damage Claims - Executive Alliance - NJ

» Director of Audit - TRAKAmerica - Richmond, VA

» Director of Collections - Executive Alliance - NY

» Collection Manager - Confidential - Los Angeles, CA

» Client Services Representative - Vertican Technologies - Fairfield, NJ

All Jobs

The One-to-One Appointments Forum

9 July 2018 at 01:00 p.m.

The One-to-One Appointments Forum provides participants with a distinct change of pace from the traditional conference environment. How? By putting formal 45-minute meetings between potential buyers and sellers at the center of the event. 

Event Details »

Free Reports and Webinars

from insideARM.com

» See just how much you can save (and gain) with digital collections

» The Business Case for Kiosk Bill Collection

» Meeting The Demands Of A Digital Economy Through Mobile Pay Solutions

» 4 Ways A “Smart” Software Platform Can Help Improve Your Collections

» Large Retail Card Servicer “Collects Smarter” Using Digital Strategy

» Don’t let piles of case-critical paperwork choke your organization

View all Free Reports and Webinars