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Entries Tagged as 'collections'

New Service Provides Collection Agencies List of Clients in Litigation

June 25th, 2009 · 3 Comments · Debt Collection, I'm suing those guys!, Legal Stuff

As an unintended consequence, consumers who defend themselves against collection agencies who violate of the Fair Debt Collection Practices Act (FDCPA) will now find themselves on a special list. One company is now offering its clients a list of everyone who has sued a creditor or collection agency. This is meant for the clients [...]

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Asset Acceptance Enjoying Tough Economic Environment for Consumers

September 12th, 2008 · No Comments · Consumer Debt, Debt Collection

OK, you can thank me later, but I just spent the last hour listening to Asset Acceptance’s 2nd Quarter Earnings conference call via a webcast (yeah, it’s public). It’s an hour long and if you want to listen to it, here is the link.
Webcast – Asset Acceptance Capital Corp. Second Quarter 2008 Earnings [...]

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More People Complaining About Collection Agencies

May 20th, 2008 · 7 Comments · Credit Counselor Front Lines

Yesterday, USA Today published an article on the absues of debt collectors (who we all know as collection agencies).
USA Today Article.
It’s great this is getting more press, as it is a real problem. Of course, the comments on this article were predictable “hey, just pay your debts” was the most common comment. I’m [...]

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The Over-Emphasis on Credit Report Inquires

May 13th, 2008 · 12 Comments · Credit Reports

Frequently, when doing credit counseling, I look at a credit report which is full of pot holes: collections, late pays and charge-offs. Sadly, the initial focus of the client is on removing inquires.
Sure, the removal of inquiries is pretty easy. But it will have a pretty small effect on the [...]

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