Tag Archive

VTS Addresses 2 Major Compliance Concerns with Enhancement

Published on September 18, 2014 By Cucolle1

Tuscon, AZ – September 17, 2014 – Here’s a development that ought to be welcome news to auto finance companies, forwarding organizations and repossession agencies: an enhanced compliance tool that’s now available at a lower price.   Read More!

CU Recovery Part of Important Work Done in the Collection Industry Recovery Results Trending above National Averages

Published on September 3, 2014 By Cucolle1

FOR IMMEDIATE RELEASE Wyoming, MN – September 2, 2014 – According to findings from a newly released survey by Ernst & Young and ACA International, the health of national and state economies in the U.S. continues to be impacted by the recovery of rightfully owed consumer debt. With recovery results trending above national and local […]

RISC Compliant Agent Network (CAN) Membership

Published on July 29, 2014 By Cucolle1

Recovery Industry Services Company (RISC) is proud to continually enhance and support our RISC Compliant Agent Network (RISC CAN) members. With so much misinformation being dispersed we wanted to take this opportunity to explain why we feel the need for such a network. First and foremost, RISC CAN membership is open to any professional collateral […]

Northern Star Management announces its partnership with Vendor Transparency Solutions (VTS)

Published on July 25, 2014 By Cucolle1

        Another Step in Mitigating Risk Press Release July 23, 2014 (Somerville, NJ) – Northern Star Management announced its selection of Vendor Transparency Solutions (VTS), as an on-line compliance monitoring platform to be utilized as an additional tool in mitigating risk. Northern Star is an underwriting management company and wholesale producer working […]

MasterFiles for “The Three Types of Tracing”

Published on July 22, 2014 By Cucolle1

FREE WEBINAR broadcast daily Monday August 11th – Friday August 15thST 1:30PM or 2:00PM Central Standard Time Seminar Description: In this class we will cover the three types of tracing: Micro-Tracing, Macro-Tracing and Skip-Tracing! You need to know where you’re going and why before you move forward in your process. It can spell the difference […]

Post Repossession Webinar: Protecting Your Company and Your Clients during the Post Repossession Process

Published on July 8, 2014 By Cucolle1

Press Release We invite you to join us in covering a very important topic in our industry. It has become quite clear that the majority of complaints and claims are generated during the post repossession process. We urge agency owners to have their staff attend, including recovery and office personnel. Webinar Date: July 10, 2014 […]

Why Work Old Charge off Files? – Procrastination vs Collection

Published on June 30, 2014 By Cucolle1

FOR IMMEDIATE RELEASE Wyoming, MN – June 25, 2014 – Credit Unions report that they often procrastinate working on old charge off files. One of the main reasons is the time it takes to access and review the file. Combine the effort previously expended with the dilemma over which files to choose for the greatest […]

Credit Unions Recognize Need for Collection Call Quality CU Recovery Training Available to Geographical Areas

Published on May 29, 2014 By Cucolle1

FOR IMMEDIATE RELEASE Wyoming, MN May 28, 2014 – With recent loan growth, many credit unions are remembering when their collection department was overwhelmed with workloads, lack of space, and possibly a lack of specialized talent. Although most have a process and tools to manage effective collection departments, an increasing number are recognizing that the […]

Standing Together at NARS 2014

Published on March 30, 2014 By Cucolle1

The 6th Annual North American Repossessors Summit showed much success this year with empowering speakers and dynamic discussions revolving around the importance of standing together to revive industry standards. With more than 400 attendees, American Recovery Association (ARA) and Time Finance Adjusters (TFA) joined forces to host the greatest NARS the industry has seen thus […]

3 Resources for Credit Union Collection Departments Building the Foundation Training Now Available

Published on February 20, 2014 By Cucolle1

FOR IMMEDIATE RELEASE Wyoming, MN – February 18, 2014 – Bringing new collectors up-to-speed or keeping experienced collectors’ skills up-to-date is an everyday challenge.  With regulatory compliance essential to the collection department, today’s training goes beyond teaching a skill.  CU Recovery has created 3 training blueprints that provide powerful collection tools for credit union collection departments […]

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