Friday, March 30, 2012



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What Is a Collection Agency?

by Collection Agency Software

www.videocreditscore.com - collection agency - This video Q&A addresses the definition of a credit collection agency and how they work with credit card companies. Tags: credit card companies, Credit, Agency, credit collection, Collection

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Market Trends Continue Unfolding in the Credit Card Sector

by Collection Agency Software

Earlier this week insideARM.com ran an article about how consumer revolving debt (predominantly credit card debt) has declined over the past 18 months (by approximately $123 billion), and how the volume of charged off credit card accounts outsourced for collection and/or sold to ARM companies has grown substantially during this same period of time ("$123 [...]

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Professional Collection Agencies - How to Deal With Difficult Debtors

by Collection Agency Software

Businesses both big and small had risen and fallen because of difficult debtors. Bad debts are an eternal source of pain for businesses, and are best left into the hands of the experts - the collection agencies. Collection agencies are businesses hired to pursue debt collecting. They are adept at tracking debtors and making [...]

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New Consumer Credit Default Index to Standardize Late Payment Data

by Collection Agency Software

Standard and Poor’s and Experian have teamed up to offer a series of new U.S.-based credit default indices designed to provide banks and ARM companies with a standardized snapshot of American debt repayment behavior. Fitch and Moody’s already offer similar services, but an Experian executive told insideARM that the S&P/Experian Consumer Credit Default Indices will [...]

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The Difference Between Good and Evil Concerning Collection Agencies

by Collection Agency Software

When you are dealing with collection agencies the first thing to understand is that not all of them are like the ones you see in the debt counseling commercials. Some are respectful of your rights under the law. Others however are the polar opposite and they will use illegal tactics to get you to pay. [...]

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