from the desk of: Dana Loan, Recovery Specialist Insurance Group – Manassas, Virginia Press Release: Recovery Specialist Insurance Group hosted an extremely successful annual seminar for its 27th year in June at the B Resort in Lake Buena Vista, Florida. A full house of eager attendees filled the meeting room taking the opportunity to hear […]
FOR IMMEDIATE RELEASE: July 5, 2016 – Time Finance Adjusters (TFA), a national trade association for the automobile recovery industry, announced today a first-ever innovative partnership with Vendor Transparency Solutions to provide ongoing, verifiable continuing education for TFA members, their staff, and field agents. Read More!
FOR IMMEDIATE RELEASE: Marana, AZ – June 29, 2016 – Vendor Transparency Solutions (VTS), the recovery and finance industry leader in compliance monitoring and continuing education training, has released its new Expanded VTS Library. “The addition of the expanded VTS Library, together with the VTS Complaint Handling Module, The VTS Profile, the VTS Training Center […]
FOR IMMEDIATE RELEASE Wyoming, MN – June 21, 2016 – CU Recovery and The Loan Service Center, the #1 collection resource for credit unions, is pleased to announce the award of $7,200.00 in scholarships to its Fall 2016 Collection Academy. 8 scholarships were awarded to credit unions based on their submission about the goals of […]
FOR IMMEDIATE RELEASE WYOMING, MN; May 9, 2016. CU Recovery, Inc. and the Loan Service Center, Inc., the leading full-service collection agency and collection staffing solution for credit unions, have named Chris Becker as their newest Business Development Representative. Chris will play an integral part in the continuation of the company’s growth and strategic expansion […]
PRESS RELEASE On April 13th 2012 the asset recovery industry started to undergo the largest transformation in it’s history, from a predominantly unregulated industry to one that is now federally regulated. This change was introduced with the creation of the CFPB and their impact on the auto finance industry. Read More!
FOR IMMEDIATE RELEASE Wyoming, MN – March 15, 2016 – Keeping debt collectors up-to-date with relevant practices is the secret of a successful collection department. With regulatory changes coming from every direction, it can be a challenge to keep staff informed. Now in its sixth year, the CU Recovery Collection Academy educational conference represents a […]
Guest Editorial Even today many creditors will argue that they are not responsible for the acts of the collateral recovery specialists they hire to recover their defaulted collateral. Their argument, which the courts disagree with, is that the collateral recovery specialist is an “independent contractor” and therefore must assume the liability associated with the self-help […]
PRESS RELEASE 02/11/2016 –The majority of lending institutions, under the scrutiny of the Consumer Financial Bureau, are required to use only third party service providers with proper compliance and training. In the late months of 2014 the members of the highly respected Eagle Group XX developed a standardized training and safety credentialing program specifically designed […]
FOR IMMEDIATE RELEASE Las Vegas, NV – December 30, 2015 – The National Credit Union Collections Alliance (NCUCA) is pleased to announce its 2nd annual conference to be held at the MGM Grand in Las Vegas, March 16 – 18th, 2016. The conference brings together over 200 attendees from credit union collections departments and senior […]