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At A Glance Newsletter
Friday, January 07, 2005
THE DEBT MARKETPLACE - AT A GLANCE http://www.debtmarketplace.com/glance.html Friday, January 07, 2005 The DEBT CONNECTION website offers a searchable database of service providers and suppliers, for more information go to http://www.debtconnection.com. Check listings by category on DEBT CONNECTION Master Search by going to: http://www.debtconnection.com/mastersearch.asp For more information on detailed profiles please go to: http://www.debtconnection.com/advertising.asp DEBT BUYERS' SAFARI 2005 Debt Buyers' Association is holding it's 8th Annual DBA Conference on February 8 -10, 2005 at The Mirage Casino-Hotel in Las Vegas, NV. Buyers and Sellers of Debt Portfolios, Collection Attorneys, Agencies and Recovery Professionals, Consumer Lenders, Investment Bankers and Consulting Agencies, as well as Industry Vendors are all welcome to participate. This year's line up will include informative speakers and presentations to keep you and your company up-to-date about industry topics and emerging concerns. You will also have plenty of time to meet and network with other industry professionals and of course participate in the Annual Golf Classic being held at the Paiute Golf Resort. Information can be found at the Debt Buyers' Association Website at: http://www.debtbuyers.com/event.php3 or by phone (562) 903-7222. DEBT COLLECTOR GIVES THANKS TO ROARING '90S With the economy rebounding and job prospects looking up in 2005, it's no surprise Americans are taking on more debt. The Federal Reserve (news - web sites) Board reports that total outstanding consumer credit stands at more than $2.09 trillion. That figure doesn't include mortgages and debt secured by real estate, though it does include $788.9 billion in credit card and other revolving debt, as well as $1.3 trillion in installment debt such as car loans. http://news.yahoo.com/news?tmpl=story&u=/ibd/20050107/bs_ibd_ibd/200516newamer AMERICAN EXPRESS LAUNCHES TWO NEW PROMOTIONS FOR DELTA SKYMILES CARD MEMBERS American Express (NYSE: AXP - news) has initiated two new US promotions for Delta SkyMiles credit card members to boost business in the traditionally slow early months of the year. Classic, Gold and Platinum Delta SkyMiles credit card members can earn a 20.05% SkyMiles bonus on all eligible purchases made on their card in January. http://uk.biz.yahoo.com/050106/241/f9s7f.html MBNA IN SUPER BOWL WITH FIRST NATIONAL COMMERCIAL; ADVERTISING KICKS OFF BRAND AWARENESS CAMPAIGN MBNA Corporation (NYSE: KRB - News) today announced that it will debut its first national commercial on one of the world's biggest stages: Super Bowl XXXIX. The 30-second commercial will be broadcast during the first quarter of the game and will be part of a comprehensive MBNA brand awareness campaign. http://biz.yahoo.com/prnews/050106/nyth048_1.html CIT HOPES FOR SMOOTHER EARNINGS WITH STUDENT LOANS CIT Group Inc.'s purchase of student loan company Education Lending Group Inc. is part of broader effort to find customers with borrowing needs not subject to vagaries of economic cycles, company executives said on Wednesday. http://yahoo.reuters.com/financeQuoteCompanyNew COMPANIES ADJUST TO DO NOT CALL LIST Getting fewer calls from annoying telemarketers at dinnertime? That's an indication the national Do Not Call Registry is working. As of the Friday before Christmas, 631,946 Nevada phones were registered, said Lois Greisman, an FTC associate director in Washington, D.C. Nationwide, 82 million-plus telephones are on the list. http://www.rgj.com/news/stories/html/2005/01/03/88952.php?sps=r CREDIT UNIONS SELL CREDIT CARD PORTFOLIOS TO DALLAS OPERATION Three credit unions, including Fort Worth-based Corps of Engineers Federal Credit Union, have sold their credit card programs to TNB Card Services of Dallas. http://www.bizjournals.com/dallas/stories/2005/01/03/daily3.html PUN COLLECTIONS ANNOUNCES ACQUISITION OF JUDGMENT PORTFOLIO PUN Collections, LLC (PUN) is pleased to announce the acquisition of a portfolio of non-performing judgments in Maryland, Washington, D.C., and Virginia. The seller was National Creditor Corporation of Arlington, Virginia. http://biz.yahoo.com/iw/050103/078378.html INFOUSA ANNOUNCES TOTAL DEBT PAYMENT OF $54 MILLION IN 2004 infoUSA® (NASDAQ:IUSA - News), the leading provider of proprietary business and consumer databases and sales leads, today announced that, with the most recent scheduled payment of $5.2 million at the end of 2004, it had paid down a total of approximately $54 million in principal under its various debt obligations during fiscal year 2004 ending on December 31, 2004. http://biz.yahoo.com/bw/050103/35507_1.html COLLECTOR INCENTIVE AND COMPENSATION STUDY Resource Management Services, Inc. (RMS) and its sister company, The Debt Marketplace, Inc. (TDM), are pleased to announce publication of the Collector Incentive and Compensation Study, which was conducted during the first quarter 2004. $179.00 + S&H To order click here: http://www.resourcemanagement.com/compensation.php3 BUYER/SELLER 101 WILL BE OFFERED AGAIN IN SOUTHERN CALIFORNIA, MARCH 3-4, 2005 It is designed for first-time buyers and sellers, or experienced professionals interested in fine-tuning their skills, these courses include detailed analysis in Market Overview, Defining Your Needs, Due Diligence, Contracts, Pricing, Strategies, and Measurement Methods. http://www.debtmarketplace.com/buyer-seller101.html DEBTCONNECTION.COM & DEBTSEARCH.COM CONTINUE TO GROW & EXPAND The industry Websites, http://www.debtsearch.com & http://www.debtconnection.com continues to grow tremendously and expands with new listings daily. Find portfolios, buyers, sellers and industry service providers such as consultants, agencies, products and more. NEWEST ADDITIONS AND UPDATES TO DEBTCONNECTION.COM and DEBTSEARCH.COM: PORTFOLIOS AVAILABLE - FOR SALE To view all listed portfolios and contact information on DEBTCONNECTION.COM check http://www.debtconnection.com/portfolioforsale.asp DEBTSEARCH.COM check http://www.debtmarketplace.com/pavail2.html New additions and updates this week include: $412,997.14 - Consumer Loans Indiana Forrest Rupley 800-426-8648 NCSCorp To View on DEBTCONNECTION.COM http://www.debtconnection.com/portfolio.asp?92 To View on DEBTSEARCH.COM http://www.debtmarketplace.com/ccard.html#NCS010605 For information on this company click here: http://www.debtconnection.com/moreinfo.asp?340 $287,053.41 - Credit Cards North Carolina and Washington 801-487-0554 Stellar Financial To View on DEBTCONNECTION.COM http://www.debtconnection.com/portfolio.asp?91 To View on DEBTSEARCH.COM http://www.debtmarketplace.com/ccard.html#STF_01042005 DEBT BUYERS To view all listed debt buyers and contact information on DEBTCONNECTION.COM check http://www.debtconnection.com/debtbuyers.asp DEBTSEARCH.COM check http://www.debtmarketplace.com/buyers-matrix.html New additions and updates this week include: Deburygroup L.L.C. 508-234-1266 For more information on this company click here: http://www.debtconnection.com/moreinfo.asp?1214 Great Lakes Asset Management, Inc. 888-447-9610 Sterling Recoveries 212-563-9884 DEBT SELLERS To view all listed debt sellers and contact information on DEBTCONNECTION.COM check http://www.debtconnection.com/debtsellers.asp DEBTSEARCH.COM check http://www.debtmarketplace.com/sellers-matrix.html New additions and updates this week include: Phoenix Credit Solutions, LLC (615) 232-9223 Ext. 111 Retail and Credit Cards BROKERS To view all listed debt sellers and contact information on DEBTCONNECTION.COM check http://www.debtconnection.com/blisting.asp?25 DEBTSEARCH.COM check http://www.debtmarketplace.com/consultants-and-brokers-matrix.html New additions this week include: Empire Funding Group (952) 934-4399 RELATED INDUSTRY SERVICES For all related industry services and contact information, check http://www.debtmarketplace.com/related-industry-services.html New additions this week include: TruSkip Services (925) 461-9129 Interactive Data 678-377-6454 For more information on this company click here: http://www.debtconnection.com/moreinfo.asp?1224 TeleDeal Inc. Directory Assistance Services 800-835-3332 Fair Isaac Corporation 770-810-8257 For more information on this company click here: http://www.debtconnection.com/moreinfo.asp?244 COLLECTION SERVICES To view all listed agencies and contact information on DEBTCONNECTION.COM check http://www.debtconnection.com/agencies.asp DEBTSEARCH.COM check http://www.debtmarketplace.com/collection-services.html New additions and updates this week include: CBI /Credit Base International 0039/(0)187/2549221 (Italy) Vintek Financial Recoveries 818-956-9402 Pentagroup Financial, LLC 614-889-0032 UPCOMING INDUSTRY EVENTS For all upcoming industry events, check http://www.debtconnection.com/industryevents.asp Collection Technology Summit 2005 Royal Media Group and Collection Technology News Loews Santa Monica Hotel, Santa Monica, CA January 23-25 2005 http://www.royalmedia.com/events/2005-79-overview.cfm?event=2005-79&id=79 Debt Buyers' Safari 2005 Debt Buyers' Association Mirage Casino-Hotel, Las Vegas, NV February 8-10 2005 http://www.debtbuyers.com/event.php3 DETAILED PROFILES ON WWW.DEBTCONNECTION.COM ARE AVAILABLE If you're serious about your listing, get a one-page detailed profile, so Buyers, sellers and others know more about who you are. Detailed profiles are indexed by major search engines. It's a great way to add exposure to your company and/or website. SPONSORSHIP MESSAGE This At A Glance report is sponsored by The Debt Marketplace. Our firm specializes in assisting buyers and sellers in all aspects of the transaction process, including... Marketing your portfolio. Due Diligence for Buyers and Sellers. Evaluating the viability of a sale. Addressing pricing, contract and negotiation considerations. Attaining the most efficient transition possible, while minimizing post-sale issues. Our consulting projects are customized to provide the level of involvement and information that best meets our clients' needs. Check them out at: http://www.debtmarketplace.com/ Copyright 2001, 2002, 2003, 2004 THE DEBT MARKETPLACE, INC. 562-903-7220 At A Glance reports can be expected weekly or biweekly, depending on quantity of news and information to report. You may send this report, in its entirety, to others who may have interest. 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