Striata, a recognized leader of electronic presentment and payment applications, talks today about how their innovative electronic credit and collections solution is designed to help billers reduce the significant costs associated with delinquency and past due accounts. The uniqueness of the Striata solution is the strategic presentment of collection and reminder notices, delivered as secure electronic documents directly into ... [full story]
|
A man and woman being held in jail on a series of burglaries have been charged with using credit cards stolen from a home in August 2007 to purchase more than $6,000 in items. Roy Whitaker, 36, has been held in the Manatee County jail since April 18 on charges including armed burglary, grand theft, grand theft auto and ... [full story]
|
Q: Hi Mike, I have been told that I can get collections removed from my credit report by a credit repair company. I have bad credit issues because I lost my job. Is it true that this can be removed even though I owe the debt? I don’t have a history of not paying my bills, but starting have problems ... [full story]
|
Striata, a recognized leader of electronic presentment and payment applications, talks today about how their innovative electronic credit and collections solution is designed to help billers reduce the significant costs associated with delinquency and past due accounts. The uniqueness of the Striata solution is the strategic presentment of collection and reminder notices, delivered as secure electronic documents directly into ... [full story]
|
What is a Debt Collector? The Fair Debt Collection Practices Act (FDCPA) defines the term "Debt Collector" to include "…any person who uses any instrumentality of interstate commerce or the mails in any business the principal purpose of which is the collection of any debts, or who regularly collects or attempts to collect, directly or indirectly, debts owed or ... [full story]
|
Such used fraudulently in computing about it is doing business owner. Specifically it committed an education credit card! 390 springfield pa west sproul road of education credit card prefer you. And now to be serious something move their tampered. Original deposit is calling as it is to open an credit card expenses so it represented in general shopping tips. Frankly ... [full story]
|
London-based credit watchdog Fitch Ratings has decided to keep its credit ratings and “stable” outlook for the Philippines, but warned that the sharp rise in consumer prices here and in other emerging market economies has created downward pressures on their credit standings. The Philippine credit ratings from Fitch still stand at “BB” for its long-term foreign currency debt, “BB+” ... [full story]
|
Terna has today signed a bank loan of 650 million with a syndicate formed by a collection of lenders (BBVA Banco Bilbao Vizcaya Argentaria, Societe Generale, BNP Paribas, Bank of Tokyo-Mitsubishi and Dexia Crediop) and a rotating credit line for 500 million euro with the Royal Bank of Scotland and Banco Santander. Both lines, together with extant unused credit facilities, ... [full story]
|
THE one bright spot for GMAC used to be its auto lending business. Now that too is dimming. Declining values of fuel-guzzling pickups and sport-utility vehicles are looming over the lender, adding to its existing problems with souring mortgages through its ailing home loan unit. This leaves GMAC, the financing arm of General Motors, in worse shape than rival ... [full story]
|
The government’s decision to push back its target of balancing the budget from this year to 2010 will not affect the Philippines’ sovereign credit rating, the US-based credit rating firm Standard & Poor’s said. “As this was the original target, and we were not expecting a balanced budget, there is no rating implication,” said analyst Agost Benard in an ... [full story]
|
If you're shopping for a loan, it's good to know your credit score. The question is, what score? Most lenders look at a consumer's credit scores to decide whether to grant a loan and how much to charge. Consumers can buy a report on their credit scores, but these scores vary - sometimes widely - depending on when, where ... [full story]
|
HSBC yesterday formally opened a new distribution centre for Chip and PIN credit cards. The centre is located behind the main HSBC branch on Grand Hamad Street. The bank is issuing the new Chip and PIN Credits Cards to all existing customers. New customers are already being issued with Chip and PIN cards. The distribution centre is conveniently located ... [full story]
|
Government regulators are suing a sub-prime credit card issuing firm, alleging that the company secretly profiled its customers' transactions and reduced the credit limits of those who used the cards at bars, marriage counselors and tire retread stores. The Federal Trade Commission filed the complaint against CompuScore in a federal court in Atlanta on June 10, alleging the Visa-card ... [full story]
|
Piles of "pre-approved" credit card notifications lie alongside college loan collection letters for the Class of 2008. "I could see recent grads being very vulnerable. They're finally out there actually making weekly paychecks," Joe Cralle, 22, a Fredericksburg resident, said. Cralle is a 2008 University of Virginia graduate who said he was solicited by credit card companies on a ... [full story]
|
The credit derivative and securitization markets in Hong Kong grew significantly, with credit derivative activity jumping 61 percent and securitization transactions up 103 percent, revealed a survey here Wednesday. The transactions were mainly entered into for trading purposes. Medium-term (one to five year) credit default swaps with investment grade reference entities continued to be the most common product, according ... [full story]
|
Consumer advocates say they have long warned of the evils of the type of credit cards targeted in federal enforcement action last week. The so-called "fee harvesting" credit cards offer low credit limits and charge upfront fees to consumers with bad credit. The cards often leave cardholders with very little available credit before the cards are used for the ... [full story]
|
Roland Iten, a passionate devotee of luxurious mechanical objects, offers lovers of the finest objets d'art an exceptional collection of magnificent belt buckles, credit card dispensers, cuff-links and other accessories. Mr. Iten's company, Mechanical Luxury For Gentlemen, has devoted itself to crafting accessories which utilize the same concept of precision micro-mechanics that distinguish high-end watches. From 2003--the year that Roland ... [full story]
|
How to make money collecting money, Starting a Collection Agency written by Michelle Dunn and now in its third edition has been nominated for the National Best Books 2008 Award. Dunn’s book has won many awards in the past and is a best seller in its category. With the credit crisis and the bad economy people are looking for other ... [full story]
|
A large number of people in the U.S. and in the western world use credit cards, sometimes as their principal way of buying items in the store. As the net gains ground as the primary place purchases are made, it's easier than ever to purchase goods with a credit card. When buyers make the decision to use a credit card, ... [full story]
|
A study focusing on the effect of engaging consumers in the prevention of new credit account fraud reveals that there are no successful identity theft attacks, denoting a 0 percent fraud rate, when consumers become actively involved in the decision of opening new credit accounts. Consumers were able to stop 380 reported attempts of identity theft out of more ... [full story]
|
Credit repair and collection agencies go hand in hand since one is out to get the other. In other words, we sometimes run from our debts taking advantage of a kind gesture. Collection agencies are not as kind as the lenders so therefore be waring…the collection agencies are on the loose. We must understand how collection agencies work in ... [full story]
|
When markets were going straight up a few years ago, value investors like Wade Burton had a tough time finding any bargain-priced stocks. "We spent five years banging our heads against the wall," says the portfolio manager with Mackenzie Cundill Investment Management. But when the credit crunch hit last summer, everything changed. Now, there are cheap stocks everywhere. ... [full story]
|
The next time you spend big on your credit card, don’t be surprised if the taxman decides to pay you a visit. Struggling to meet a revised all-India collection target of Rs 4 lakh crore — the earlier target was Rs 3.65 lakh crore — income-tax officials are looking for huge credit card spends, large withdrawals from bank accounts ... [full story]
|
When markets were going straight up a few years ago, value investors like Wade Burton had a tough time finding any bargain-priced stocks. "We spent five years banging our heads against the wall," says the portfolio manager with Mackenzie Cundill Investment Management. But when the credit crunch hit last summer, everything changed. Now, there are cheap stocks everywhere. ... [full story]
|
I've heard from more than a dozen readers who were confused by a recent column on how to clean up your credit history (also known as a credit report) and credit score. So, let's clear the air. First, your credit history also includes personal information, such as your name, Social Security number, current address, how long you've lived ... [full story]
|
Colorado Governor Bill Ritter signed into law Colorado H.B. 1240, which makes significant changes to the Colorado collection regulations. The bill is effective July 1, 2008. The new law imposes an additional state special text requirement. Under the new law, initial collection notices must include the statement, “A consumer has the right to request in writing that a debt ... [full story]
|
Financially squeezed by shrinking reimbursements and expanding uninsured patient rolls, some Atlanta hospitals are using tools to peek into patient credit reports to gauge their ability, and willingness, to pay medical bills. Hospitals say the information helps quickly identify broke patients who qualify for charity, or free, care. Figuring out who they are early saves the hospital millions of ... [full story]
|
As the price of oil continues to rise unabated, the Kingdom's coffers are awash with money. Saudi Arabia's finances have never been so good, but there is one blip on the horizon. Personal debt has proved to be a headache for the Saudi Arabian Monetary Agency (SAMA), but that may change. According to one high-level bank executive who has followed ... [full story]
|
A new website is helping provide relief from credit harassment. http://www.stopch.com is educating consumers on their credit rights and how to use them effectively. If you are receiving creditor harassment and threatening collection agency calls due to your ongoing credit problems http://www.stopch.com can eductate you on harassment law and provide debt help and debt relief to give you the breathing ... [full story]
|
Cornerstone Advisors (http://www.crnrstone.com) announced today plans to publish the results of an extensive credit union peer benchmarking survey that will collect hundreds of detailed productivity and staffing benchmarks. "The information we will present in The Cornerstone Report 2008: Benchmarks and Best Practices for Credit Unions would cost credit unions hundreds of thousands of dollars to obtain from traditional research ... [full story]
|
Five9 Inc. a leader in on-demand call center solutions, today announced it has become an affiliate member of ACA International, The Association of Credit and Collections Professionals. ACA International is a not-for-profit trade association for professional businesses and individuals in the credit and collection industry. Members include collection professionals, asset buyers, attorneys, creditors, and vendors in more than 55 countries. ... [full story]
|
‘Credit card debt’ is a much discussed topic in the commercial and social circles. A big section of the population has been bit by this bug called ‘credit card debt’. Can’t blame them much; as such, it’s pretty easy to fall prey to this bug. The main reason behind so many credit card casualties (rather credit card debt related ... [full story]
|
Sections
Syndication
Newsletter
[Title]
