Tag Archive

Anonymous Creates Epic Video Explaining the State of the Repo Industry

Published on June 24, 2015 By Cucolle1

The mysterious anti-repossession forwarding group, Anonymous has created a humorous but fact filled video explaining the current state of the repossession industry. Albeit in the form of an animated narrator, the purposely formatted “Fairy Tale” entitled “Welcome to a Grim Fairytale About our Total Annihilation“ does a good job of explaining the history of repossession […]

Allied Finance Adjusters (AFA) and Vendor Transparency Solutions (VTS) Integrate

Published on June 22, 2015 By Cucolle1

“The Largest Not-For-Profit National Trade Association Of Repossession Professionals Since 1936” For Immediate Release June 18th 2015 – Allied Finance Adjusters (AFA) and Vendor Transparency Solutions (VTS) through our ongoing partnership are proud to announce the integration of the AFA vetting portal with the VTS platform. AFA is now able to order inspections and monitor […]

CU Recovery Awards $5,000 in Collection Academy Scholarships Recipients will Share Their Entries at Conference

Published on June 18, 2015 By Cucolle1

FOR IMMEDIATE RELEASE Wyoming, MN – June 15, 2015 – CU Recovery, the #1 collection resource for credit unions, is pleased to announce the award of $5,000.00 in tuition scholarships to its Fall 2015 Collection Academy. 5 scholarships were awarded to small, medium and large credit unions based on their submission about changes that were […]

TFA Offers Compliance Membership Incentive to Repossession Industry

Published on June 17, 2015 By Cucolle1

FOR IMMEDIATE RELEASE June 16th, 2015 – In order to further expand the geographical reach, and levels of CFPB compliance within its organization, Time Finance Adjusters is offering a substantial discount to new applicants who are current VTS subscribers. TFA is offering a 25% discount for all listing fees for the first year of TFA […]

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 […]

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