Tag Archive

Response to Pennsylvania forming CFPB

Published on July 24, 2017 By Cucolle1

FOR IMMEDIATE RELEASE There is big news out of Pennsylvania this morning affecting the financial Institution and third-party service provider world. Pennsylvania Attorney General Josh Shapiro announced the formation of a State of Pennsylvania Consumer Finance Protection Bureau.   Read More!

The $500 Repo Fee

Published on July 17, 2017 By Cucolle1

Editorial $500 repo fee. Sounds pretty radical, doesn’t it? Well, really, it’s not. I imagine every one of us has had a father or grandfather who tells us how candy bars used to cost a nickel and gas was a quarter a gallon. Well, they’re usually telling the truth. These changes are reactionary to operational […]

Pressing Issues of Our Time

Published on July 16, 2017 By Cucolle1

FOR IMMEDIATE RELEASE As we quickly approach the arrival of our 9th anniversary of the first North American Repossessors Summit (NARS), I thought I would reflect some on where we are today as an industry. For starters, many of the people who attended the first conference are no longer in the business, and I am […]

Starting a Repo Company – The Numbers Don’t Work!

Published on July 13, 2017 By Cucolle1

Editorial In March of 2017, my 16 years of employment with the credit union I had been working for, came to an end. The writing had been on the wall for a while, so it was disappointing, but not a complete surprise. The only question was, what next? Plan B – My 19 year career […]

STOP Manufacturer Licensed Repossession Exemptions!

Published on July 11, 2017 By Cucolle1

AB 290 Exemption from Collateral Recovery Act [Oppose] Please help us stop AB 290 from passing! This bill will could affect recovery agents nationwide! All states look at California to adapt new laws. If AB 290 passes it would allow companies like John Deere to be exempt from using repossession agencies.   Read More!

Allied Finance Adjusters and RSIG Joint Convention – NO RAIN ON OUR PARADE!

Published on July 10, 2017 By Cucolle1

Weather forecast for June 21st thru 24th 2017 100%   Beautiful! It was an exquisite June afternoon at the Sheraton San Diego Hotel & Marina where 514 repossessors from all across the nation converged into what was hailed as the industry event of the year!  Additionally, several dozen industry vendors stood at their booths ready to […]

Conference Review – RSIG AFA Conference San Diego 2017

Published on July 2, 2017 By Cucolle1

It was a beautiful week in San Diego as hundreds of RSIG and AFA Member gathered for the RSIG AFA Conference in San Diego. With the combined associations all in one place, the ball rooms were packed and I knew very quickly that this was going to be a stellar event. Socializing with old friends […]

Holly Balogh Named President of RISC

Published on June 27, 2017 By Cucolle1

Tampa, FL – June 27, 2017 – RISC is pleased to announce that Holly Balogh has been hired as the President and COO of RISC, the leading compliance and training company for the Recovery Industry.  Stamatis Ferarolis will remain as owner and CEO.   “RISC continues to be at the forefront of the recovery industry for […]

RISC to Acquire Recovery Compliance Solutions (RCS)

Published on May 31, 2017 By Cucolle1

TAMPA, Fla., May 26, 2017 – Recovery Industry Services Company (RISC), the industry-leading provider of Collateral Recovery Training, Certification, and Compliance Solutions, today announced that it has signed a definitive agreement to acquire Recovery Compliance Solutions (RCS) in order to enhance its Vendor Vetting services as part of RISC’s overall compliance-related offering.   Read More!

2017 RSIG & AFA Conference Now Offering Stand Alone Classes

Published on May 26, 2017 By Cucolle1

2017 Education Training and Trade Event for Repossession & Finance Industry Professionals hosted by Recovery Specialist Insurance Group and Allied Finance Adjusters Now Offering Stand Alone Classes: Full conference registrations include these sessions and much more, including meals and networking time with exhibitors and lenders.  Full registrations include the opportunity to receive a continuing education […]

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