Tag Archive

Strong Loan Growth Continues Competitive Pricing Often leads to Increased Bad Debt

Published on April 28, 2015 By Cucolle1

FOR IMMEDIATE RELEASE Wyoming, MN April 27, 2015. Current economic forecasts indicate that loan growth will continue for the rest of 2015 and 2016. CUNA’s Credit Union Trends Report indicates that in February 2015 credit unions increased their loan portfolios by .22% up from .11% in February 2014 and loan balances grew at a 10.9% […]

What should you pay for a repossession service & What is the true cost of a compliant repossession?

Published on April 21, 2015 By Cucolle1

 Consolidated Asset Recovery Systems Presents:     What should a repossession cost? What is the market average? How much of a premium does performing a compliant repo add to the service? Do I care what my forwarder is paying the agent? If so, how much should they pay? Does geography affect the cost? Which fee’s […]

NARS 2015

Published on March 19, 2015 By Cucolle1

Calm is Contagious GUEST EDITORIAL Rorke Denver, Author and Former Navy Seal Lieutenant Commander was the main speaker at the North American Repossessors Summit, or #NARS2015 www.RepoSummit.com this past week in Dallas. Like many, I was surprised as to why a Navy Seal would be speaking at a Repo conference, but as he spoke about […]

The FACTS, Just the FACTS!

Published on March 12, 2015 By Cucolle1

PRESS RELEASE At the Time Finance Adjuster’s annual convention in Daytona Beach a phenomenon occurred when over 50 men and women received the Eagle Group XX Field Agent Credential Training (FACT) and were tested on site. All attendees were required to score 90% or higher and receive remediation training. The attendees all scored 92% or […]

Developing World-Class Debt Collectors Collection Education Scholarships Available

Published on March 12, 2015 By Cucolle1

FOR IMMEDIATE RELEASE   Wyoming, MN March 10, 2015. Now in its fifth year, CU Recovery Collection Academy training represents a debt recovery strategy geared specifically towards reducing credit union delinquency, collection best practices as well as great networking opportunities. The 2.5 day Academy curriculum is formulated from attendee feedback on topics that are important to […]

Strategic Growth Continues at CU Recovery, Inc. Business Development Department Expands for the 2nd year

Published on February 11, 2015 By Cucolle1

FOR IMMEDIATE RELEASE   WYOMING, MN; February 10, 2015.   CU Recovery, Inc. and the Loan Service Center, Inc., the leading full-service collection agency and collection staffing solution for credit unions, has named Tyler Wier as its newest Business Development Representative. Tyler will play an integral part in the continuation of the company’s growth and strategic expansion […]

The Certified Asset Recovery Specialist (C.A.R.S.) is entering its 16th year, THANK YOU!!!

Published on January 25, 2015 By Cucolle1

FOR IMMEDIATE RELEASE January 23rd, 2015 – The Certified Asset Recovery Specialist (C.A.R.S.) National Certification Program is entering its 16th year of providing professional certification to the collateral recovery industry nationwide and again this year, Recovery Industry Services Company (the RISC team) would like to take this opportunity to thank our industry for your continued […]

The Ultimate Skip Trace List

Published on January 22, 2015 By Cucolle1

Guest Editorial The Ultimate Skip Trace List is the backbone of every successful skip tracer. Please print and share this list with all of your associates and friends. This list covers the basics of skip trace efforts and a little beyond just for good measure. It’s an awesome list for background searches and due diligence. […]

Eagle Group XX Develops Standardized Training and Safety Credentialing Program for Field Agents

Published on January 14, 2015 By Cucolle1

FOR IMMEDIATE RELEASE The members of the highly respected Eagle Group XX have worked together for the last 6 months to develop a standardized training and safety credentialing program specifically designed for the men and women in the asset recovery industry who work recovery assignments in the field.    Read More!

80% of Respondents Say Finding Experienced Collectors Difficult -A Client Survey by CU Recovery

Published on December 18, 2014 By Cucolle1

FOR IMMEDIATE RELEASE Wyoming, MN – December 15, 2014 – In a recent client survey conducted by CU Recovery, a staggering 80% of respondents said that finding experienced collectors was difficult. In analyzing the results, individual clients list a number of reasons for the shortfall. Not surprising, Credit unions are careful to select people that […]

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