The importance of getting an early start on tax season strategies is widely known among those working at debt collection agencies. Companies looking to outsource their collection efforts, however, may be surprised to learn that autumn is the best time to launch a program in order to recover the maximize amount of outstanding debt the…
“Agentless collections is the wave of the future,” said President/CEO Courtney Reynaud of Creditors Bureau USA. Her prediction is shared by at least one other executive quoted in an article about collection agencies’ “20 Most Powerful Women” from the September-October issue of Collection Advisor magazine. Nearly 70 percent of the 140,000 professionals in the industry…
Despite the growing optimism among U.S. consumers about the economy and their personal finances, the rising debt from unpaid student loans, auto loans and credit card balances over the last 18 months should be disconcerting to all financial institutions, including community banks and credit unions. Thus, the importance of maintaining judicious loan practices and effective…
The nation’s top credit union collections professionals will hold their annual conference at the Venetian Las Vegas April 4 – 6, 2018. Produced by the National Credit Union Collections Alliance (NCUCA), the event is intended to provide them with industry best practices, education and nationwide networking. Topics will cover management, risk management, collections, recovery, litigation,…