Low interest rates on loans means car sales may continue to rise

Dec 12, 2018 Philip Burgess

Low interest rates on loans means car sales may continue to rise

Americans are beginning to purchase cars at close to their pre-recession levels, and according to a recent article by the Detroit Free Press, favorable interest rates on loans may be playing a role."A lot of it is an effort to make some expensive


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The simple side of debt collection

Dec 12, 2018 Philip Burgess

The simple side of debt collection

More stories continue to surface regarding poor, illegal or immoral debt collection practices, leading to more enforcement activity among state and federal governments. However, professionals in this industry should be able to quickly identify


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Talented criminals put pressure on collection industry to combat scams

Dec 12, 2018 Philip Burgess

Talented criminals put pressure on collection industry to combat scams

Millions of Americans are the subject of debt collection efforts each year, and the vast majority have a constructive experience. In most cases, debtors are able to establish a reasonable payment plan to help their credit scores recover. However,


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A fresh approach to debt collections

Dec 12, 2018 Phil Burgess

Some debt collection agencies have taken a new approach to practices in an effort to improve the reputation of the industry and cultivate stronger client relations. Though all debt collectors must follow federal regulations such as the Fair


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Poor debt collection compliance can harm an agency's reputation

Dec 12, 2018 Phil Burgess

Poor debt collection compliance can harm an agency's reputation

In any industry, complying with regulatory policies is a major priority. In the debt collection sector, the need to adhere to applicable laws is especially important, as there are numerous state and federal stipulations that outlaw various


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