Better Credit Blog

FEBRUARY 19, 2021

Collections also result in frequent phone calls and letters, which can impact your daily life negatively. The guide below will teach you more about how collections agencies work and provide you with clear instructions for getting a collections account deleted from your credit report. How Does DCM Services Work?

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Fico Collections

FEBRUARY 25, 2021

Retail consumers, small and medium enterprises, and commercial entities are looking to banks for increasing levels of support and assistance, especially as government-introduced stimulus programs start to mature and expire around the globe, leaving more vulnerable customers wondering where to turn.

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Better Credit Blog

FEBRUARY 24, 2021

What Is First National Collection Bureau? If you’re concerned about First National Collection Bureau’s legitimacy, you can rest assured knowing the agency is valid. First National is a certified collections agency headquartered in Nevada. They have been collecting on consumer debt since it was founded in 1983.

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Better Credit Blog

FEBRUARY 24, 2021

What Is First National Collection Bureau? If you’re concerned about First National Collection Bureau’s legitimacy, you can rest assured knowing the agency is valid. First National is a certified collections agency headquartered in Nevada. They have been collecting on consumer debt since it was founded in 1983.

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Better Credit Blog

FEBRUARY 5, 2021

BRG Collections LLC, also known as Bison Recovery Group, is a legitimate debt collection agency. BRG Collections agency offers several levels of service, including pre-charge off and post-charge off collections for the following types of debt: Credit card. How Does BRG Collection Agency Work?

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Better Credit Blog

AUGUST 7, 2020

Originally founded in 1985, Professional Finance Company is a medium-sized debt collection agency that offers services for debt recovery, self-pay early-out, and debt purchasing. The debt collection process is not perfect. Some of us don’t have time to handle the back-and-forth of negotiating with collection agencies.

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Better Credit Blog

SEPTEMBER 23, 2020

Consumers can write them at their mailing address below: Allied Collection Service, Inc. Allied collects for service providers and lenders in the following industries: Commercial debt. Retail debt. 3 Ways to Remove Allied Collection Service from Your Credit Report. 1607 Central Avenue. Columbus, IN 47201.

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Fico Collections

FEBRUARY 7, 2023

According to the research from Cornerstone Advisors , these point-of-sale short-term installment loans with low credit amounts have been increasing in popularity during recent years for retail purchases like clothing, household goods, electronics, and more. Now, the average FICO® Score has leveled off during the second year of the pandemic.

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Troutman Sanders

MAY 9, 2023

The proposed rule would require lenders to assess a borrower’s ability to repay a PACE loan and would provide a framework for how these loans will be treated under the Truth in Lending Act. Strengthen Retail (Consumer) Investor Protections. For more information, click here. On May 4, Colorado Governor Jared Polis signed SB93 into law.

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Fico Collections

FEBRUARY 16, 2021

It marks the highest fine ever issued to a lender for what it deemed a breach of consumer credit rules. As we pass the first anniversary of the pandemic’s outbreak, where does this leave lenders? Right now, we’re advising lenders to adopt a flexible combination of criteria and pre-emptive approaches to evaluate debt risk.

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Better Credit Blog

OCTOBER 14, 2020

Asset Recovery Solutions isn’t a lender, provider, or retailer itself, so getting a letter or call stating that you owe them money may have you concerned about the company’s legitimacy. Asset Recovery Solutions, LLC, is a completely legit debt collection agency headquartered in Illinois. Retail debt. Student loans.

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Collection Industry News

AUGUST 6, 2023

Over 50% of borrowers added debt on regular credit cards during the student loan payment pause and another 31% racked up balances on retail cards, a recent TransUnion analysis found. 30, 2024, missed monthly payments will not be considered delinquent, reported to credit bureaus, placed in default or referred to debt collection agencies.

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Troutman Sanders

DECEMBER 12, 2023

The Bitstamp listing enables retail traders to access EURCV, joining Tether and Circle’s USDC in the stablecoin market. These documents can be used by lenders working with housing finance agencies (HFAs) at the state, city, county, and local levels to eliminate confusion and misinterpretation of DPA programs.

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