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Credit Reportiing of Purchased Debts
Submitted 1215 days ago
Am I the only idiot who has tested the net lift from reporting purchased debt to the credit bureau's? Will share my data with anyone who has conducted a similar study.Thanks,John Rousseaucollectionguru@gmail.com
 
Topic: Debt Collection Forums
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2 questions regarding collectors/staffing
Submitted 1354 days ago
Hi Everyone, I just joined ARM recently and am learning a lot in my research and this forum--thanks. 2 questions: I'd like to see if 1st party collection managers can comment on 1.) What are your attrition rates/turnover %'s of thier collections staff over the course of a year? I'm learning that burnout is a pretty big part of the collector environment. True?2.) What strategy you do to ensure your
 
Topic: Debt Collection Forums
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We're looking to outsource a portfolio - Agency Needed
Submitted 1383 days ago
We have a 5 mil portfolio that we're looking to outsource. It's "one agency" OOS with the charge-off dates ranging from 1996 - 2003. These accounts have not been worked in several years. We're willing to outsource for an agency rate of 50%.Call us at 1-800-314-6408 Ext 112Or email Ryan@paclegalservices.com
 
Topic: Debt Collection Forums
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funding
Submitted 1334 days ago
I have a 20 person shop looking to grow. I havea huge talent pool of collectors to hire from butneed additional funding to do so. I am looking for$200,000 for 15 percent of the company. We are doingright at $110,000 in monthly revenue andwould liketo grow to 40 collectors by Christmas in order to bewell prepared for the following tax season. I havebeen in the collection business for a long, long t
 
Topic: Debt Collection Forums
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Directories
Submitted 1334 days ago
Is there a directory preferably that lists credit grantors and the manement along with phone numbers? If so where can I get it from. Thanks,
 
Topic: Debt Collection Forums
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Debtor Says He Has a Lawyer?
Submitted 1334 days ago
Debotors, particularly the habitual, are getting smarter about how to get the collector off their tails. I also suspect that they have some answers calculated to delay the inevitable and cost us collectors $$$. What do you do, and for how long if at all, do you Cease and Desist when they tell you:1) they have a lawyer but don't give a name?2) give a lawyers name but the lawyer is non-responsive?2)
 
Topic: Debt Collection Forums
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Liquidation down?
Submitted 1236 days ago
Hey all,Been a while since I have posted. I have been pretty busy with 2 new start up companys. Keeping busy for sure. I was wondering, and forgive me if this topic has already been addressed, but how well is everyone doing in this tight economy? Have the liquidation rates dropped? How about fee's? are they being negotiated at a higher rate by the agencys with the OC?What sector do you feel has b
 
Topic: Debt Collection Forums
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credit card numbers and a list of bank names
Submitted 1077 days ago
I am not sure if this even exists but does anybody have a list of prefix numbers on credit cards and what bank they go to. For example- any card that starts with 5424 is a Fifth Third Debit Card. I know that we have a whole list for HSBC but I was wondering if there was a list out there for banks. If not, somebody should make one and become a millionaire.
 
Topic: Debt Collection Forums
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Skiptrace Case Management Software
Submitted 1009 days ago
After many months of searching for the right database program so that I would be able to enter my client info and then my subject info and notes on each case, I finally had the program written. It is based on the following link Skiptrace Case Management It keeps track of my inventory, my clients, and my notes so I do not have to try and remember each one or write in longhand. The cost on this is
 
Topic: Debt Collection Forums
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Top Notch Debt Collectors Needed In The Atlanta Georgia Area with Top Notch Pay.
Submitted 1009 days ago
Hello folks. If anyone of you top notch collectors are from the Atlanta Georgia area or know someone of the same feather from this area currently looking for work or greener pastures, please contact us ASAP. We are looking for the right fit no-nonsence debt collectors to join our great team. Please IM me with your contact information. Thanks, Mr. Beckman
 
Topic: Debt Collection Forums