Collector magazine, the monthly flagship publication of ACA International, has 4,500 print and 1,500 online subscribers from debt collection agencies and credit executives around the world. ACA International (Association of Credit and Collection Professionals) also offers a comprehensive website, the ACA Daily newsletter, the Pulse members-only site for healthcare collection agencies, and The Hub online…
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Negotiating with debt collectors is a tough pill to swallow, but especially for young adults building a nest egg and trying to establish good credit. These are especially difficult times for them considering the high cost of a college education, real estate and autos. Millennials are up to their ears in debt according to a…
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Insiders know that the credit management industry is an ever-evolving and growing trade. With regulation changes, current credit market conditions and new best-practice business approaches, the International Association of Credit Portfolio Managers (IACPM) serves as an informative resource for credit portfolio managers and other industry stakeholders. The international non-profit organization serves financial businesses and institutions around the…
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The Payment Card Industry Security Standards Council was established in 2004 as an alignment of individual data security programs operated by Visa, MasterCard, American Express, Discover and JCB. The council developed the Payment Card Industry Data Security Standard (PCI DSS) to promote “cardholder data security and facilitate the broad adoption of consistent data security measures…
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Most business-to-consumer operations possess an arsenal of action jargon, and debt collection agencies are no exception with their charge-offs, garnishments, scrubs and skip traces. In a perfect world, agencies are able to negotiate a fair settlement for clients so they don’t face revenue loss to account charge-offs and consumers aren’t subjected to wage garnishments. If…
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Customers are the vital spark of business, providing the revenue that supports sustained success and growth. When customers fail to make full or partial payments on goods or services, it can adversely affect cash flow and hinder progress. Businesses that respond to unpaid charges with in-house receivable efforts often lose crucial time and profits because…
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