Archive for August, 2013

VTS and WELTMAN, WEINBERG & REIS CO., LPA Present Webinar #4: “Compliance Management and UDAAP”

August 29, 2013

Ensuring your Compliance Management System addresses risk factors related to Unfair, Deceptive and Abusive Acts and Practices (UDAAP)   FOR IMMEDIATE RELEASE:  August 28th, 2013 TUCSON, AZ – Vendor Transparency Solutions, LLC, an Arizona based compliance management company, and Michael J. Dougherty of Weltman, Weinberg & Reis- the nation’s largest creditors’ rights law firm, are announcing […]

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The Loan Service Center Announces Payment Reminder

August 29, 2013

A  New Collection Service for Credit Unions FOR IMMEDIATE RELEASE Wyoming, MN August 26, 2013 – The Loan Service Center, Inc. has launched a new service that focuses on early unpaid accounts.  Their Payment Reminder service has been designed to impact collection results on accounts that are 10-30 days delinquent and overdraft share accounts.   […]

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CUCollector Retraction of “A Letter to the Forwarders from Bill Alvarez”

August 27, 2013

As demanded by Gene A. Wheeler, ADESA Sr. Corporate Counsel, CUCollector would like to publish the following statement. “CUCollector would like to issue a statement correcting our error to all of the subscribers to which the original “editorial”, “A Letter to the Forwarders from Bill Alvarez”, was sent. Also as demanded by PAR, CUCollector has […]

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August 27, 2013

Experienced Vehicle Transition Industry Executive Joins ROA’s Team  FOR IMMEDIATE RELEASE Pasadena, Calif., August 5, 2013 – ROA, the premier full-service risk management and loss mitigation experts in recovery and remarketing services for the financial services community, is pleased to announce a new member of its team. By growing its team, ROA will expand on […]

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Primeritus says “NO” to Language that Protects Agents !!!

August 22, 2013

Guest Editorial Yes that this correct, “NO HOLD HARMLESS” ! Back in early March of this year Primeritus introduced a new contract to this industry that wasn’t even worth using for toilet paper. It contained language that posed great security concerns to an agent, allowing anyone to forcefully enter your yard, $250 cleaning fee for […]

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Mother Arrested for Allegedly Hitting and Leaving her 6-Year Old Daughter During Repo Attempt

August 20, 2013

Winnsboro, SC – August 18, 2013 – A 6-year old girl is in the safe custody of her father after her mother allegedly chose to leave her behind in her frantic flee from an attempted repossession of her 2004 Chevy Impala. Read More!

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Park that Camera Car…LPR Legal in Arkansas?

August 17, 2013

Guest Editorial Manassas, VA – 15 August 2013 – If you have camera cars or LPR cameras on your trucks, take heed… the 2013 Regular Session of the 89th General Assembly of the State of Arkansas, passed this law that goes into effect 12:01AM Friday, August 16, 2013.  This is taken from AR House Bill […]

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Kevin Flynn Former CEO of Renovo Dies in Bike Accident

August 16, 2013

Chicago, IL – August 13, 2013 – 46 year old former CEO of the much reviled Renovo Services, a major national repossession forwarding company, was cycling near his vacation home in Chikaming Township, MI, when he was struck and killed by a a car driven by a 67-year-old woman was around 5 p.m yesterday.   […]

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Experian: Auto Repossessions Reach Lowest Rate on Record

August 15, 2013

Thirty-day delinquencies drop and 60-day delinquencies remain flat as auto lending market stays strong Press Release Schaumburg, Ill., Aug. 13, 2013 — Experian Automotive today announced that quarterly vehicle repossessions dropped by 14.8 percent to achieve the lowest rate since it began tracking the data seven years ago. According to its latest State of the […]

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August 13, 2013

Guest Editorial Greetings from the great state of Alabama Roll Tide Roll!!! Sabbatical: or a sabbatical (from Latin sabbaticus, from Greek sabbatikos, from Hebrew shabbat, i.e., Sabbath, literally a “ceasing”) is a rest from work, or a break, often lasting from two months to a year. The concept of sabbatical has a source in shmita, […]

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