Upcoming Conferences
14th Annual National Collections & Credit Risk ConferenceMarch 21 - 23, 2010
InterContinental Miami, Miami, FL
18th Annual Financial Services Collections & Credit Risk Conference
October 24-26, 2010
The Wynn, Las Vegas, NV
Today in Collections
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LifeLock To Pay $12 Million To Settle FTC Charges
PaymentsSource | March 9Editor's Note: This story has been updated with new information since it was first published earlier today.
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Lawsuits Name 764 Agencies, Creditors
PaymentsSource | March 9The February total exceeds the number reached in January. The number of Fair Debt Collection Practices Act cases also rises.
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Regent Asset Management To Hire 400 In Kansas
PaymentsSource | March 8Regent Asset Management Solutions, a Denver-based collection agency, also expects to hire up to 1,200 employees in the next five years after expanding to a new facility in Overland Park, Kansas, officials said today.
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Technology, Scoring Strategies To Boost Collections
PaymentsSource | March 8With higher delinquencies and loan losses, banks, debt buyers and contingency agencies need solid processes to evaluate and assess portfolio risk and payment probability.
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Are Regulators Playing Fair With The Collection Industry?
PaymentsSource | March 1As state attorneys general pursue a growing number of cases against debt collectors and creditors, many in the collection industry quietly wonder whether they’re getting a fair shake.
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Debt Collector Found Guilty On Weapons Charges
PaymentsSource | March 5The principal behind nine collection agencies currently under investigation was previously convicted of attempted robbery.
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Ohio Collection Agency Settles FTC Charges
PaymentsSource | March 3Credit Bureau Collection Services will pay a $1.1 million civil fine to resolve charges that it violated federal collection and credit laws, Federal Trade Commission officials said today.
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Failure To Cover Nonbanks Seen As Key Flaw Of New Consumer Unit
PaymentsSource | March 8The original goal of providing uniform protections for all consumer credit is getting lost to lawmakers' preoccupation over where to place a new regulator.
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New Rules Will Challenge Collection Industry
PaymentsSource | February 22Credit card issuers must be in compliance today with most provisions of a law that will directly impact the collection industry.
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Limiting Risk Through Automation, Analytics
PaymentsSource | February 24Banks during the economic downturn have had to focus more resources on collections and identifying consumers who are most at risk of defaulting.
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- LifeLock To Pay $12 Million To Settle FTC Charges
- Technology, Scoring Strategies To Boost Collections
- New Jersey Assembly Committee Approves Collection Law
- Lawsuits Name 764 Agencies, Creditors
- Debt Collector Found Guilty On Weapons Charges
- Credit Repair Company Reaches Financial Settlement With FTC
- Economic Downturn Leads To New Collection Strategies
- Ohio Collection Agency Settles FTC Charges
- Card Chargeoffs Rise Again: Fitch
- Alabama AG Closes Debt Settlement Operation, Seizes $12 Million
- LifeLock To Pay $12 Million To Settle FTC Charges
- Technology, Scoring Strategies To Boost Collections
- Economic Downturn Leads To New Collection Strategies
- Lawsuits Name 764 Agencies, Creditors
- Card Chargeoffs Rise Again: Fitch
- New Jersey Assembly Committee Approves Collection Law
- Credit Repair Company Reaches Financial Settlement With FTC
- Court Approves Collection Legal Giant's Liquidation
- Alabama AG Closes Debt Settlement Operation, Seizes $12 Million
- Collection Agencies Struggle With Tech Spending