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Social media changing debt collection game

Jan 14, 2011 Kyle Duncan

As technology continues to impact our lives more and more, there is one tool that debt collectors are using to track down those who owe money - social media.For those in the skip tracing field, websites like Facebook, Twitter and LinkedIn can


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Man charged with defrauding investors

Jan 14, 2011 Brian Bradley

A former resident of Chicago was recently charged with one count of wire fraud and one count of filing false income tax returns in U.S. District Court.Randy M. Cho was charged with stealing nearly $8 million from 50 clients who believed they


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Economic crisis hurting minority credit scores

Jan 14, 2011 Brian Bradley

According to one community organization director, credit scores are harming one specific part of society - people of color.In a blog article for the Huffington Post, Preeti Vissa, the community reinvestment director at the Greenlining Institute,


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Consumers with good credit driving auto demand

Jan 14, 2011 Brian Bradley

Consumers with good credit driving auto demand

The auto industry suffered significant drops in revenue during the recession, but that trend is changing thanks to consumers with the highest credit scores, the Associated Press reports. Demand for cars and light trucks will improve in 2011


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Federal government to test debit card program

Jan 14, 2011 Todd Milner

The federal government will provide debit cards to individuals without bank accounts in a trial program that will provide them with tax refunds more quickly, the Columbus Dispatch reports. Those without bank accounts often use payday lending


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