CUCollector – Collections News, Training and More!

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Sensible Auto Lending LLC, Settles for $733K in Relief and Refunds to Victimized Consumers

January 16, 2019 Cucolle1

Auto Lender to Provide More Than $700,000 in Debt Relief and Refunds to Consumers...

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TradeRev Bolsters Bench Strength with New Hires and Promotions

January 15, 2019 Cucolle1

Moves to Accelerate North American Expansion and Intensify Focus on Dealer Success FOR IMMEDIATE...

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6th Circuit Court Rules Foreclosure Activities During “Dispute Letter” Period Violate the FDCPA

January 15, 2019 Cucolle1

“For the foregoing reasons we find that Trott violated the FDCPA by continuing collection...

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Supreme Court Wrestles with Definition of “Debt Collector”

January 14, 2019 Cucolle1

In order to establish what the law meant by “debt collector,” the justices sparred...

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KAR Announces New Business Development Leader at Recovery Database Network

January 11, 2019 Cucolle1

FOR IMMEDIATE RELEASE CARMEL, Ind. – January 11, 2019 – KAR Auction Services, Inc....

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Bill Aims to Protect Federal Employees from Repossessions and Foreclosures During Shutdowns

January 11, 2019 Cucolle1

While we all know that servicemembers are protected by the SCRA, potential legislation with...

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Bankruptcy 103 – Collecting from Non-Bankrupt Co-Borrowers

January 10, 2019 Cucolle1

Most collectors know they may not attempt to collect a debt from a borrower...

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Wells Fargo to Pay $385M for Wrongful CPI Placement

January 3, 2019 Cucolle1

Wells Fargo Bank has agreed to pay $575M to settle charges that it engaged...

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America’s First Straw Buyer Auto Fraud Case – 1941

January 3, 2019 Cucolle1

Any of us that have been in the auto lending and collections industry for...

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How Lenders Can Defeat Synthetic Identity Application Fraud

January 1, 2019 Cucolle1

4 Red Flags of Synthetic ID Fraud The explosion of synthetic identity fraud on...

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Fraud Alert – Lender Trap

January 1, 2019 Cucolle1

DO NOT USE This Company and share this information with all relevant staff. For...

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Dealership Employee Embezzled from BMW to Buy a Mustang

December 28, 2018 Cucolle1

The former controller of Continental BMW in Connecticut used the stolen funds for travel,...

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DRN Vehicle Recovery Hotlist Hits All-Time High of 410,000 License Plate Recognition Assignments

December 26, 2018 Cucolle1

On Pace to Exceed $2.5 Billion in Asset Value for Vehicles Recovered in 2018...

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Wishing you all a very Merry Christmas and Happy Holidays

December 24, 2018 Cucolle1

Wishing you all a very Merry Christmas, Happy Holidays and a New Year filled...

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ADESA Canada Announces New General Manager at Saskatoon Location

December 20, 2018 Cucolle1

FOR IMMEDIATE RELEASE Carmel, IN – December 20, 2018 – ADESA, a business unit...

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Credit Union Director of Lending Fired for Theft, Arrest Expected

December 18, 2018 Cucolle1

Tallahassee, FL – 18 December 2018 – An 11-year employee and Director of Lending...

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Impact Auto Auctions Creates Seamless Financing and Buying Experience with Integration of AFC Financing

December 13, 2018 Cucolle1

Real-Time Floorplanning Available to Impact Buyers   FOR IMMEDIATE RELEASE Westchester, IL – December...

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IAA Announces Opening of New Flint Branch

December 12, 2018 Cucolle1

Facility Upgrades and Relocates Third Strategic Location in Michigan for IAA FOR IMMEDIATE RELEASE...