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All Collections News
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| Dealing with Difficult People |
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| I recently attended a seminar titled “Dealing with Difficult People”. I have taken these types of classes before and read many books on the subject since it really helped me as a bill collector. Some positive ways, that will really help you get results and that you can use to counteract a debtor that is [...] |
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Topic: Credit & Collections
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| HSBC Closing Credit Card Servicing Call Center, 240 Jobs Lost |
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| Consumer credit giant HSBC is closing a credit card call center in Jacksonville, Fla. and laying off some 240 workers, according to local paper The Florida Times-Union. HSBC Finance Corp. Card & Retail Services is going to distribute the work done at the Jacksonville location to other offices around the country, according to a company spokesperson. The call center provided collection services fo |
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Topic: Collections Industry
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| Intrum Justitia Completes 250,000 Share Repurchase |
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| European accounts receivable management firm Intrum Justitia said last week that it had completed its previously announced plan to repurchase 250,000 of its shares to buoy a stock-based compensation program. Intrum, based in Stockholm, Sweden, announced last month that it would be repurchasing the block of share to use in a performance-based stock compensation program for senior management (&ldqu |
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Topic: Collections Industry
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| VantageILM to Integrate Global Debt Network's Automotive Portfolio Platform |
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| VantageILM Inc. a provider of integrated lender/leasing management solutions for finance firms, banks, leasing companies and credit unions, today announced a joint partnership with Global Debt Network, Inc. to offer GDNAuto, an Internet-based marketplace where dealers and financial institutions can sell and buy portfolios of seasoned auto loans. “VantageILM’s goal is to streamline an |
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Topic: Debt Purchasing
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| Co-signer on a Business Loan |
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| Michelle, My husband helped a friend by co-signing for a business loan. The business was successful, however, our friend passed away and we are now receiving calls from collectors. Apparently there is a huge debt 60K+ Are there any ways to contest it? Dear Maria, If your husband co-signed for the [...] |
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Topic: Credit & Collections
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| Look at cash, costs to survive downturn |
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| The Sunday Citizen has a new column called Dollars and Sense and I was honored to be the first guest. If you have an opinion on money, the economy or life you are invited to write to the new MoneyPlus section. Contributions are welcomed about all aspects of the NH regions business, money [...] |
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Topic: Credit & Collections
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| funding |
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| 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 |
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Topic: Debt Collection Forums
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