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Oklahoma library debtors face collections

clock May 21, 2012 09:30 by author Philip Burgess
Prior to April, the debt accrued by members of the Duncan, Oklahoma, Public Library had been mounting to the point where a debt collection agency needed to step in, the Duncan Banner reports.Many accounts were as much as 45 days overdue, so on April 2 the library voted to contract with an agency to go after debtors who owed $25 or more.Librarian Ja... [More]

Collectors prefer to leave short messages

clock May 18, 2012 07:00 by author Philip Burgess
One of the most common way for a debt collection agent to get in touch with an individual who has defaulted on a payment is over the telephone. [More]

Collection conference sets summer dates

clock May 17, 2012 10:45 by author Philip Burgess
Other debt collection agents can be an invaluable source to individuals looking to explore best practices that can be taken to secure missed payments in an efficient, quick manner. With that in mind, the International Association of Commercial Collectors is hosting the annual Mid-Year Conference in Boston this summer."Attendees have the import... [More]

Debt collection industry doing well

clock May 17, 2012 09:30 by author Philip Burgess
There was a call by lenders to mobilize debt collection agents after student loan debt surpassed $1 trillion at the end of 2011. [More]

Fitness club's questionable collection tactics under fire

clock May 16, 2012 10:45 by author Philip Burgess
A Canadian fitness chain is in hot water after allegations that the debt collection firm it contracted with has illegally been withdrawing funds from former members' accounts after they've cancelled, the Hamilton Spectator reports.Premier Fitness Clubs, via a partnership with National Credit Recovery, have been sending bills via email that ... [More]

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