Kansas audit uncovers ineffective debt collection

May 27, 2011 Mike Garretson

A recent audit of six state programs performed by the Kansas Division of Legislative Post Audit uncovered inadequate and inconsistent debt collection practices, according to the Kansas Reporter. In particular, practices within the state's


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Chrysler six years ahead of schedule on loan repayments

May 27, 2011 Brian Bradley

Chrysler has secured $7.5 million in new auto financing to repay loans that were granted to it by the U.S. and Canadian governments, according to The Windsor Star.In 2009, both entities assisted the Auburn Hills, Michigan-based car company


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Credit market has led many to seek alternative consumer credit data

May 27, 2011 Brian Bradley

Credit market has led many to seek alternative consumer credit data

The credit market has tightened in recent years thanks to the downturn in the economy and fewer people having a steady income to rely on. As a result many have been unable to pay off debt and find themselves at the mercy of debt collectors.However,


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Short-term financing: A rising trend?

May 26, 2011 Todd Milner

Short-term financing: A rising trend?

Small businesses have had a difficult time obtaining financing in recent years, with the credit markets tightening as a result of the downturn in the economy. Many entrepreneurs have been forced to seek alternative forms financing or other


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Debt collection agencies must act within the law

May 26, 2011 Mike Garretson

The debt collection field is one of the country's fast-growing industries, with more and more people unable to pay bills on time, leaving companies to pursue the money they are owed. Nothing can be more frustrating for a business owner


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