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February 8, 2010

FTC Returns $1.6 Million to Consumers Scammed by Bogus Debt Collector

Nearly 25,000 consumers will begin to receive restitution in the long-running case against collection agency National Check Control and its owner.

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ARM Professionals Skeptical on Recovery in 2010

Credit and collection professionals are not confident that the economy will fully recover this year, according to the Credit & Debt Collection Industry Confidence Survey for Winter 2010.

Despite concerns, the collection industry remains one of the few that is hiring in the U.S., as 46.5% reported adding positions in the fourth quarter of 2009.

To see the full results of the survey -- broken out by company type and industry -- please visit http://www.insidearm.com/go/survey-results/agency/winter10.

Today's Headlines

From insideARM

	FTC Returns $1.6 Million to Consumers Scammed by Bogus Debt Collector
	DBA International Hosts Charity Golf Event for Autism
	Department of ED Releases First Performance Reports for New Collection Contract

Press Releases

If you have news or an announcement you'd like to share with the ARM industry, please send it to editor@insidearm.com.

	CallME! Staffing Launches Resource Website
	Commercial Bankruptcies: “Publicly Held”
	Executive Change: Comtech CEO H. Neal Cropper Resigns; President Fritz Schulze to Assume Position
	MDHBA Offers a New Look and Services in 2010

Editor's Picks

Links to External Sites

	Consumer Credit Card Balances Keep Plummeting (Creditcards.com)
	Downturn Hits UK Debt Collection Companies (The Telegraph)
	CSB Continues to Expand Services (Times of Malta.com)
	Royal Bank of Scotland to Announce Ł7 Billion Loss for 2009 (Financial Advice)
	Troubled Euro Threatens Us All (ABC)
	Small Banks’ Bad Loans Ratio Inches Up As Core Lending Contracts (Malaya Business Insight)
	Lender Axes 450 Jobs and Closing 750 Branches (Mirror.co.uk)
	Pair Tout Careers with Call Center (The Gazette)

You Said It

Reader Comments on insideARM

Department of ED Releases First Performance Reports for New Collection Contract
That is how to WIN !! Go COAST

- Anonymous

Featured Jobs

from jobsInsideARM

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Did you know that the new jobsInsideARM has over a thousand job postings? These are the top categories:

	Collection Manager
	Operations
	Debt Collector
	Sales

Upcoming Events

National Collections & Credit Risk Conference

March 21-23, 2010; Miami, FL

Presented by Collections & Credit Risk, the National Collections & Credit Risk Conference will take place on March 21-23 in Miami, FL at the InterContinental Hotel. Don't miss this opportunity to hear from Standard & Poor’s Chief Economist, FTC’s Bureau of Consumer Protection and others. NEW for 2010: < Luncheon for Professional Women of the Collections Industry (PWCI) [Special Presentation], < Closed-door peer collaboration workshop [Credit Grantors only], < ACA WORKSHOP: Advanced Skiptracing and Cybertracking. Visit www.nationalcollectionscredit.com.

More Info →

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