DEBT CONNECTION SYMPOSIUM AND EXPO, HAS PARTNERED WITH MASTERFILES® TO EQUIP ITS VALUED CLIENTS WITH THE NEXT GENERATION IN DEBT COLLECTION SOLUTIONS
The newest weapon in Collections...Probe Credit Profile...A process which gathers everything you need and delivers it in Real Time! We merge the best parts of the standard industry report and the Credit Report with MasterFiles data.
read more
FTC OBTAINS COURT ORDER REQUIRING CREDIT REPAIR OPERATION TO STOP FALSE CLAIMS; FAMILY-RUN SCAM SURRENDERS CARS, HOUSES AND REAL ESTATE IN FLORIDA AND SOUTH AMERICA
A credit repair operation has agreed to stop making false claims and stop charging up-front fees under a settlement with the Federal Trade Commission.
read more
ING-DIBA TO SELL CREDIT CARD PORTFOLIO TO AMERICAN EXPRESS SERVICES EUROPE
ING-DiBa AG, a Germany-based provider of banking and financial services, has agreed to sell its credit card portfolio to American Express Services Europe Limited, a wholly-owned subsidiary of American Express Holdings Limited. The portfolio comprises of charge cards and revolving credit cards.
read more
CREDITOR SUED FOR NOT CONTACTING DEBTOR'S ATTORNEY
MARSHALL-A Missouri creditor is being sued for violations of the Fair Debt Collection Practices Act after one of its collectors refused to contact a debtor's attorney.
read more
ADP SAYS PRIVATE-SECTOR EMPLOYMENT FELL 10,000 IN AUGUST
WASHINGTON (MarketWatch) -- U.S. private-sector employment fell 10,000 in August, according to the ADP employment report released Wednesday, breaking a six-month run of increases.
read more
EXPLAINING A DEBT CASE CAN BECOME A LENGTHY PROCESS
If a debt collector is contacting you about a debt you know you don't owe, explaining your case can be an uphill battle, said North Central Texas Better Business Bureau President Monica Horton.
read more
BETTER CREDIT CARD RULES FOR CONSUMERS
AUGUST BROUGHT the phase-in of the last new credit card regulations under the Credit Card Accountability, Responsibility and Disclosure Act, also known as the Credit CARD Act, which was passed by Congress and signed by President Obama more than a year ago.
read more
FIRST DATA INTRODUCES THE TRANSARMOR PAYMENT CARD SECURITY SOLUTION
ATLANTA, Sept. 1, 2010 - First Data Corporation, a global leader in electronic commerce and payment processing, today announced the public availability of the First Data® TransArmorSM solution. Starting today, the revolutionary payment security service is available to merchants of all sizes through First Data's extensive network of resale partners. First Data anticipates that more than 100,000 merchants will be securely processing transactions with the TransArmor solution by the end of the year.
read more
SOARING BAD DEBT HITS UK CREDIT CARD LENDERS
UK banks are facing mounting losses from credit card customers, with figures from the Bank of England showing write-offs rising to £2.1 billion in the three months to the end of June, up from £1.3 billion in previous quarter.
read more
PLANNED JOB CUTS DROP TO THE LOWEST LEVEL IN 10 YEARS
Employers may not be creating many new jobs, but a report released Wednesday showed that they aren't cutting them as often either, with layoffs sinking to a 10-year low in August.
read more
ATTORNEY GENERAL ABBOTT CHARGES HOME LOAN SERVICER WITH VIOLATING STATE DEBT COLLECTION LAWS
AUSTIN - Texas Attorney General Greg Abbott today charged Coppell-based American Home Mortgage Servicing Inc. (AHMS) with using illegal debt collection tactics and improperly misleading struggling homeowners.
read more
JUSTICE DENIED AS DEBT SEIZURES SOAR
Minnesotans struggling with debt have their bank accounts and pay seized with no judicial oversight.
read more
FDIC: 'PROBLEM' LIST GROWS - BUT EARNINGS UP, CHARGE-OFFS DOWN
Insured banking institutions reported earnings of $21.6 billion in the second quarter of 2010, up significantly from the year-ago loss of $4.4 billion and marks the highest quarterly earnings since third quarter 2007, the Federal Deposit Insurance Corp. reported today.
read more
BANKRUPTCY ACTION CAN BE 'COMMENCED' DESPITE FAILURE TO MEET LAW'S REQUIREMENTS, 2ND CIRCUIT SAYS
A bankruptcy action can be considered "commenced" even when a debtor has failed to meet a requirement imposed by Congress that he first receive credit counseling, the 2nd U.S. Circuit Court of Appeals ruled Thursday.
read more
U.S. BUSINESSES PAYING BILLS MORE SLOWLY, ACCORDING TO EXPERIAN'S LATEST BUSINESS BENCHMARK REPORT
COSTA MESA, Calif., Aug. 31 /PRNewswire/ -- Experian®, the leading global information services company, today announced the results of its monthly Business Benchmark Report.
read more
PAY1DAY RELEASES WARNING TO CUSTOMERS REGARDING RECENT COLLECTIONS SCAM
Due to a recent flood of complaints in the State of Illinois from payday lending customers being contacted and asked for bank account information, both the State Attorney General Lisa Madigan and payday lenders alike are issuing warnings to payday loan customers. It seems that several payday loan customers have been contacted by a fake "collections" company asking customer's about their payday loan debt and ultimately attempting to get the customer's account number. Pay1Day, a direct online lender that cares about the privacy of their customer's personal finance information, is issuing this press release as a warning in hopes of helping to put a stop to this scam.
read more
NUMBER OF BANKS AT RISK OF FAILURE RISES TO 11 PERCENT OF INSURED INSTITUTIONS
Banks posted their largest quarterly profit in nearly three years. That's the purported 'good news' from the FDIC's Quarterly Banking Profile released this morning. But a quick look at the key driver of the year-over-year change in quarterly earnings shows the main driver is a decline in loan loss provisions.
read more
FTC SEEKS PUBLIC COMMENT ON A PLANNED CONSUMER FRAUD SURVEY
The Federal Trade Commission is seeking public comment on a planned survey on the prevalence of consumer fraud in the United States. The survey is a follow-up to two previous surveys conducted in 2003 and 2005, that are reported in "Consumer Fraud in the United States: An FTC Survey," and "Consumer Fraud in the United States: The Second FTC Survey." The second survey showed that 30.2 million adults - 13.5 percent of the adult population - were victims of fraud during the year studied.
read more
OXFORD MANAGEMENT SERVICES HELPS AMERICAN CANCER SOCIETY FIGHT MEN'S CANCERS AT YANKEE STADIUM
The First Annual "Be Your Own MVP" event at Yankee Stadium brought over 200 people together in support of the American Cancer Society and its Vision of a World with Less Cancer and More Birthdays.
read more
AUTOMOTIVE LOAN DELINQUENCIES CONTINUE TO DROP, PERCENTAGE OF NONPRIME AND SUBPRIME LOANS RISES IN Q2 2010
SCHAUMBURG, Ill., Aug. 30 /PRNewswire/ -- Automotive loan delinquencies dropped during Q2 2010, marking the second consecutive quarter that showed a year-over-year decrease in quarterly delinquencies. Lenders also made a higher percentage of loans to nonprime and subprime customers, a sign that lenders are beginning to loosen credit.
read more
CREDIT IS FINALLY AVAILABLE, BUT NO ONE WANTS IT
FORTUNE -- Finally, nearly two years after they were bailed out by Congress, big banks are beginning to ease lending standards for individuals and small businesses. But it's not exactly having the reception many believed it would. Just when credit becomes more available, there's little evidence of a surge in demand for it.
read more
SEARCHAMERICA® LAUNCHES DATA BREACH ADVANCE RESPONSE™ TO ADDRESS RISING NUMBER OF MEDICAL DATA BREACHES
MINNEAPOLIS, Aug. 30 - SearchAmerica®, a part of Experian® and a leader in financial clearing services for health care, today launched its newest service offering for hospitals, Data Breach Advance Response™. The new service helps hospitals by providing a data breach preparedness plan so they can respond quickly and efficiently should a breach occur.
read more
INC 500/5000 SELECTS NATIONAL RECOVERY AGENCY FOR THE 4TH CONSECUTIVE YEAR
HARRISBURG, Pa., Aug. 27 - National Recovery Agency experienced 133 % Growth in the past three years and recovered over $165 million for its Clients. The dedicated Team of 270 employees has become the nationwide leader as the collection industries quality standard. /National Recovery Agency/- NRA is ACA (American Credit & Collection Association) Certified Agency, Certified as SAS 70 Type -II, Certification for PCI-DSS. NRA has won multiple awards nationally and regionally. The company is actively involved in community programs and extends support to many not for profit service organizations.
read more
ALMOST 13 MILLION RECORDS BREACHED IN 2010…SO FAR
According to the Identity Theft Resource Center, there have been 371 data breaches that have exposed 12,871,065 records so far this year in the United States.
read more
LPS REPORTS A JUMP IN FORECLOSURE STARTS IN JULY
The Mortgage Bankers Association (MBA) offered the industry a ray of hope when it reported Thursday that foreclosure starts were down nearly 10 percent in the second quarter, but the brightness quickly faded when Lender Processing Services (LPS) released its own dataset.
read more
SOME AGENCIES TRY TO SIDESTEP DEBT STATUTE OF LIMITATIONS
The statute of limitations for debt collection is different depending on the type of debt.
read more
| DebtConnection.com is a searchable database of collection products and services.
The following Updates and New Entries occured since the last At A Glance was sent: | | | Portfolios For Sale | $3,539,664.00 Credit Cards
PMD Financial Group, LLC
http://www.debtconnection.com/portfolio.asp?1033
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?4252
$2,626,647.00 Credit Cards
PMD Financial Group, LLC
http://www.debtconnection.com/portfolio.asp?1032
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?4252
$10,729,743.00 Credit Cards
PMD Financial Group, LLC
http://www.debtconnection.com/portfolio.asp?1031
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?4252
$3,426,058.00 Credit Cards
PMD Financial Group, LLC
http://www.debtconnection.com/portfolio.asp?1030
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?4252
$48,356,200.00 Auto Deficiencies, Checks, Consumer Loans, Credit Cards, Retail
Oliphant Financial, LLC
http://www.debtconnection.com/portfolio.asp?1029
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?250
$811,255.00 Payday Loans
FRC Inc.
http://www.debtconnection.com/portfolio.asp?1028
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?4752
$1,282,718.00 Payday Loans
PMD Financial Group, LLC
http://www.debtconnection.com/portfolio.asp?1027
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?4252
| | Debt Buyers | NYCKD
631-987-4352
| | Debt Sellers | ASSURITY ASSET
877-893-8031
| | Legal Networks/Services | UNIFUND
513-246-6139
|
|
Industry Events
|
Debt Connection Symposium & Expo 2010
Resource Management Services, Inc.
Red Rock
Las Vegas, NV
September 14 - 16, 2010
More Information
18th Annual ATM, Debit & Prepaid Forum
American Banker
Arizona Biltmore
Phoenix, AZ
October 3 - 5, 2010
More Information
Collection and Recovery Solutions 2011
Resource Management Services, Inc.
Four Seasons Hotel
Las Vegas, NV
May 11 - 13, 2011
More Information
|
|
|
This 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 us out at: http://www.debtmarketplace.com/
Copyright 2001 - 2010 THE DEBT MARKETPLACE, INC. 562-903-7220
THE DEBT MARKETPLACE, INC., 10440 Pioneer Blvd., Suite 2, Santa Fe Springs, CA 90670-8235
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.
Interested parties can also receive a complimentary subscription by registering at http://www.debtconnection.com/signup_ataglance.asp
Fill out your subscription information by clicking the 'Sign up - "At A Glance"' box on the DebtConnection.com homepage.
To unsubscribe use this link: Unsubscribe or send an e-mail to info@debtconnection.com requesting to be removed from the newsletter -- Send from the e-mail that you are subscribed with.
|
| www.DebtConnection.com |
| At A Glance - Wednesday, September 01, 2010 |
| At A Glance - Friday, August 27, 2010 |
| At A Glance - Wednesday, August 25, 2010 |
| At A Glance - Friday, August 20, 2010 |
| At A Glance - Wednesday, August 18, 2010 |
| At A Glance - Friday, August 13, 2010 |
| At A Glance - Wednesday, August 11, 2010 |
| At A Glance - Friday, August 06, 2010 |
| At A Glance - Wednesday, August 04, 2010 |
| At A Glance - Friday, July 30, 2010 |
| At A Glance - Wednesday, July 28, 2010 |
| At A Glance - Friday, July 23, 2010 |
| At A Glance - Wednesday, July 21, 2010 |
| At A Glance - Friday, July 16, 2010 |
| At A Glance - Wednesday, July 14, 2010 |
| At A Glance - Friday, July 09, 2010 |
| At A Glance - Wednesday, July 07, 2010 |
| At A Glance - Friday, July 02, 2010 |
| At A Glance - Wednesday, June 30, 2010 |
| At A Glance - Friday, June 25, 2010 |
| At A Glance - Wednesday, June 23, 2010 |
| At A Glance - Friday, June 18, 2010 |
| At A Glance - Wednesday, June 16, 2010 |
| At A Glance - Friday, June 11, 2010 |
| At A Glance - Wednesday, June 09, 2010 |
| At A Glance - Friday, June 04, 2010 |
| At A Glance - Wednesday, June 02, 2010 |
| At A Glance - Friday, May 28, 2010 |
| At A Glance - Wednesday, May 26, 2010 |
| At A Glance - Friday, May 21, 2010 |
| At A Glance - Wednesday, May 19, 2010 |
| At A Glance - Friday, May 14, 2010 |
| At A Glance - Wednesday, May 12, 2010 |
| At A Glance - Friday, May 07, 2010 |
| At A Glance - Wednesday, May 05, 2010 |
| At A Glance - Friday, April 30, 2010 |
| At A Glance - Wednesday, April 28, 2010 |
| At A Glance - Wednesday, April 21, 2010 |
| At A Glance - Wednesday, April 14, 2010 |
| At A Glance - Friday, April 09, 2010 |
| At A Glance - Wednesday, April 07, 2010 |
| At A Glance - Friday, April 02, 2010 |
| At A Glance - Wednesday, March 31, 2010 |
| At A Glance - Friday, March 26, 2010 |
| At A Glance - Wednesday, March 24, 2010 |
| At A Glance - Friday, March 19, 2010 |
| At A Glance - Wednesday, March 17, 2010 |
| At A Glance - Friday, March 12, 2010 |
| At A Glance - Wednesday, March 10, 2010 |
| At A Glance - Friday, March 05, 2010 |
| At A Glance - Wednesday, March 03, 2010 |
| At A Glance - Friday, February 26, 2010 |
| At A Glance - Wednesday, February 24, 2010 |
| At A Glance - Friday, February 19, 2010 |
| At A Glance - Wednesday, February 17, 2010 |
| At A Glance - Friday, February 12, 2010 |
| At A Glance - Wednesday, February 10, 2010 |
| At A Glance - Wednesday, February 03, 2010 |
| At A Glance - Friday, January 29, 2010 |
| At A Glance - Wednesday, January 27, 2010 |
| At A Glance - Friday, January 22, 2010 |
| At A Glance - Wednesday, January 20, 2010 |
| At A Glance - Friday, January 15, 2010 |
| At A Glance - Wednesday, January 13, 2010 |
| At A Glance - Friday, January 08, 2010 |
| At A Glance - Wednesday, January 06, 2010 |
| At A Glance - Thursday, April 23, 2009 |
|
|
