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Monterey Financial Services Acquires Continental Central Credit

Account Recovery

Monterey Financial Services announced earlier this week that it had purchased Continental Central Credit. Monterey offers debt buying, servicing, and delinquent debt recovery solutions. Continental Central Credit is based in Carlsbad, Calif. Terms of the deal were not disclosed.

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The Role of Collection Agencies in Business Debt Recovery

Optio Solutions

While the Fair Debt Collection Practices Act (FDCPA) sets a national baseline, many states have additional regulations that can be complex and constantly evolving. Keeping up with these changes internally can be a significant burden… The post The Role of Collection Agencies in Business Debt Recovery appeared first on Optio.

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Enhancing Credit Management with Automation and Real-Time Data

Qualco

Open Banking fundamentally transforms financial services by unlocking new insights into customers' lives. It provides real-time information, helps analyse spending patterns, assess financial health, personalise products, and detect fraud. This productivity improvement empowers faster and more effective debt recoveries.

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6 Tips for choosing a Debt Collection Agency

UK debt collections

Also, the greatest service will deliver the greatest results. Cheap is not cheerful as with any type of service, debt recovery or otherwise. Performing basic checks should help you determine which Debt Collection Agency is best for your Business. Debt Collection plays a very important part in modern commerce.

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National Financial Awareness Day: Why Financial Literacy is Beneficial For Everyone

True Accord

And individuals become more susceptible to going further into debt if they don’t have a solid foundational understanding of what happens when they first fall behind. Overall, lower levels of financial literacy end up contributing to increased rates of bankruptcy, defaults, and foreclosures.

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Top KPIs for Your Recovery Operations

True Accord

That’s why it stands to reason that alongside the “traditional” metrics of recovery economics, forward-looking businesses have pioneered a new set of KPIs that measure the value of consumer experience. Ready to evaluate your debt recovery operations using more sophisticated KPIs? Schedule a consultation to get started today»»

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How to Stop Capio Partners

Debt Collection Answers

2014: Capio Partners acquired Healthcare Financial Services, a medical debt collection agency based in New York. 2018: Capio Partners merged with another debt collection agency, Debt Recovery Solutions. This acquisition helped Capio Partners expand its operations into the Southeastern United States.