CUCollector – Collections News, Training and More!

1 min read

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...

1 min read

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...

1 min read

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...

1 min read

Fraud Alert – Lender Trap

January 1, 2019 Cucolle1

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

1 min read

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,...

1 min read

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...

1 min read

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...

1 min read

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...

1 min read

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...

1 min read

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...

1 min read

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...

1 min read

America’s First Credit Card Fraudster – Charles Gregory Cannon

December 10, 2018 Cucolle1

In 1959, American Express issued the first plastic credit card into the, then developing...

1 min read

ADESA Announces New General Manager at ADESA Buffalo

December 10, 2018 Cucolle1

FOR IMMEDIATE RELEASE CARMEL, Ind. – December 10, 2018 – ADESA, a business unit...

1 min read

Wells Fargo Claims Computer Glitch Caused Hundreds of Wrongful Foreclosures

December 7, 2018 Cucolle1

4 December 2018 – Wells Fargo says a computer glitch is partly to blame...

1 min read

Florida AG Sues Marlin Financial Over Loan Practices

December 6, 2018 Cucolle1

Ordered by BCFP to cease making new loans in September, the Florida Attorney General...

1 min read

SF Credit Union Sues SF City Hall for $28M in Losses

December 4, 2018 Cucolle1

  San Francisco, CA – 4 December 2018 – A credit union that helped...

1 min read

Former Credit Union CEO Pleads Guilty to Multimillion-Dollar Embezzlement

November 29, 2018 Cucolle1

Manhattan, NY – 19 November 2018 – Disgraced former CEO of New York’s biggest...

1 min read

KAR to Extend International Footprint with Acquisition of CarsOnTheWeb

November 28, 2018 Cucolle1

Digital Wholesale Auction Platform to Anchor Company’s European Operations and Expansion FOR IMMEDIATE RELEASE...