New CFPB Report and Blog Post Look at Third-Party Debt Collections Tradeline Reporting and Medical Debt Furnishing

The CFPB issued a new report, “Market Snapshot: An Update on Third-Party Debt Collections Tradelines Reporting,” that looks at trends in credit reporting of debt in collections from 2018 to 2022.  It also published a new blog post, “Debt collectors re-evaluate medical debt furnishing in light of data integrity issues,” that looks at factors that create challenges for medical collections reporting.

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Coast Professional, Inc. Announces Promotion of William Washburn as Vice President of Operations

GENESEO, N.Y. -- Coast Professional, Inc. (Coast) is pleased to announce the promotion of Mr. William Washburn to Vice President of Operations. As Vice President of Operations, Mr. Washburn will be responsible for managing Coast's collection departments across all locations and overseeing operational activities of the company in accordance with company policies, goals, and objectives. Mr. Washburn is an experienced leader who will manage the operations of the company’s large collection contracts, including achieving performance targets, identifying areas for process improvement, and team performance.  He will oversee approximately 200 operational staff and five directors.

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Markoff Law LLC Donates to Anti-Cruelty Society

CHICAGO, Ill. -- Markoff Law is a law firm with a first-class reputation founded on quality services and results. During the holiday season, the Markoff Law team decided to show its support for the Anti-Cruelty Society located in Chicago.

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"Personal Recessions" and Three Other Consumer Trends to Watch in 2023

Inflation is causing a “personal recession” for many American consumers. The Fed continues to raise interest rates, making the cost to borrow too high for some. Unemployment is at a 50 year low, but consumers don’t feel like their household finances are better off than they were a year ago.

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Is Your Credit Dispute Management Process Good Enough?

An airtight credit dispute management process is key to avoiding scrutiny and hefty fines from the CFPB, but that’s not the only reason it’s critical.

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IC System Earns 2022 Best Places to Work in Collections

ST. PAUL, Minn. -- February 9, 2023 - IC System is pleased to announce that the Best Companies Group has named our company one of the 2022 Best Places to Work in Collections for the second year in a row.

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Women in Consumer Finance 2023

11 December 2023 at 08:00 a.m.

Become a part of the industry's most dynamic and influential annual meet-up, where attendees build real friendships and re-energize careers, when you attend Women in Consumer Finance 2023, December 11-13, 2022 in Palm Springs, CA. 

Registration is now open!

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Featured Resources and Webinars

from insideARM.com

» Case Central Dispute Management Demo

» Seven “MUST-HAVE” Collection Software Capabilities for 2023

» Charting the Course and Steering Toward Success: The Collections Industry in 2022

» How to Launch an Omnichannel Collection Strategy

» Breaking Down the CFPB's Opinion on Convenience Fees

» 2022 Survey Report: Explore and Understand the Modern Consumer’s Expectations

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