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Friday, February 17, 2017
This Week Articles:
HOUSEHOLD DEBT IS DANGEROUSLY CLOSE TO 2008 LEVELS
Total household debt climbed to $12.58 trillion at the end of 2016, an increase of $266 billion from the third quarter, according to a report from the Federal Reserve Bank of New York.
read more

LAWMAKERS WANT TO BOOST FINES FOR ROGUE PAYDAY LENDERS BY 500 PERCENT
FRANKFORT - A few Kentucky lawmakers want payday loan stores to face much heavier penalties when they violate consumer-protection law.
read more

COURTS JUST THREW A LIFELINE TO THE CONSUMER FINANCIAL PROTECTION BUREAU
A full panel of judges will decide whether the structure of the Consumer Financial Protection Bureau is constitutional, according to court documents filed Thursday, throwing a lifeline to the embattled agency.
read more

$1 TRILLION CAR-LOAN MARKET HAS HIGHEST DELINQUENCY RATE SINCE 2009
The rate of car-loan delinquencies in last year's fourth quarter rose to its highest level since Q4 2009, according to credit analysis firm TransUnion (TRU), amid ongoing concerns about the sturdiness of the massive auto-loan industry.
read more

MEMBERS OF RECEIVABLES MANAGEMENT ASSOCIATION ELECT LEADERS FOR 2017
Sacramento, CA - The members of Receivables Management Association elected their 2017 Board of Directors last week at the association’s annual conference, "Twenty Years of Connections".
read more

CFPB EXPLORES IMPACT OF ALTERNATIVE DATA ON CREDIT ACCESS FOR CONSUMERS WHO ARE CREDIT INVISIBLE
WASHINGTON, D.C. - The Consumer Financial Protection Bureau today launched an inquiry into ways to expand access to credit for consumers who are credit invisible or who lack enough credit history to obtain a credit score.
read more

INCREASING TRANSPARENCY IN THE STUDENT LOAN SERVICING MARKET
If you are paying back student loans, you are not alone. More than 44 million people in America are repaying more than $1.4 trillion in outstanding student loan debt. Significant debt can have a domino effect on the major choices you make in your life: whether to take a particular job, whether to move, whether to buy a home, even whether to get married. For many of you, student debt stress makes these big milestones seem out of reach.
read more

GOP LEGISLATORS INTRODUCE COMPANION BILLS TO DISMANTLE CFPB
U.S. Sen. Ted Cruz (R-Texas) and U.S. Rep. John Ratcliffe (R-Texas) introduced companion bills this week to repeal Title X, also known as the Consumer Financial Protection Act of 2010, of the Dodd-Frank Act, and eliminate the Consumer Financial Protection Bureau.
read more

REVSPRING MAINTAINS COMMITMENT TO SECURITY WITH PCI DSS AND SOC 2 TYPE 2 RENEWAL
RevSpring has again maintained its commitment to security and compliance by successfully meeting the necessary criteria to complete the AT 101 SOC 2 Type 2 audit under the American Institute of Certified Public Accountants (AICPA) guidelines. RevSpring has also completed PCI DSS 3.2 certification.
read more

Company Announcements, Product Launches and Product Info

PRIMERITUS FINANCIAL SERVICES ACQUIRES GLOBAL INVESTIGATIVE SERVICES
Wednesday, February 15, 2017 Nashville, TN - Primeritus Financial Services, Inc. - the leading provider of recovery management, skip tracing, and remarketing services to the auto finance industry in the U.S. - today announced the acquisition of Global Investigative Services, LLC (GIS).
read more

EXPERIAN WINS INFO SECURITY PRODUCTS GUIDE'S 2017 GLOBAL EXCELLENCE AWARDS
COSTA MESA, Calif., Feb. 15, 2017 /PRNewswire/ -- Successfully managing fraud happens when companies stay ahead of fast-paced threats.
read more

DebtConnection.com is a searchable database of collection products and services.
The following Updates and New Entries occured since the last At A Glance was sent:
Portfolios For Sale
$210,219.00     Retail
CSC Portfolio Management
http://www.debtconnection.com/portfolio.asp?7747  
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?8199  

$624,087.00     Checks
CSC Portfolio Management
http://www.debtconnection.com/portfolio.asp?7746  
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?8199  

$2,000,560.00     Retail
CSC Portfolio Management
http://www.debtconnection.com/portfolio.asp?7745  
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?8199  

$500,234.00     Medical
CSC Portfolio Management
http://www.debtconnection.com/portfolio.asp?7744  
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?8199  

$2,840,217.00     Credit Cards
CSC Portfolio Management
http://www.debtconnection.com/portfolio.asp?7743  
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?8199  

$1,712,673.00     Checks
CSC Portfolio Management
http://www.debtconnection.com/portfolio.asp?7742  
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?8199  

$956,727.00     Checks
CSC Portfolio Management
http://www.debtconnection.com/portfolio.asp?7741  
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?8199  

$309,856.00     Checks
CSC Portfolio Management
http://www.debtconnection.com/portfolio.asp?7740  
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?8199  

Debt Buyers
IE DREAM RECOVERY
562-303-7607

Industry Events

ABA National Conference for Community Bankers
American Bankers Association
JW Marriott Orlando
Orlando, FL
February 19 - 20, 2017
More Information

ACA of Texas 69th Annual Conference, Expo & Legislative Summit
ACA International
Crowne Plaza
Austin, TX
February 20, 2017
More Information

Third Party Vendor Auditing Workshop
Resource Management Services, Inc.
Courtyard Atlanta Downtown
Atlanta, GA
February 22 - 23, 2017
More Information

ACA International Spring Forum & Expo
ACA International
The Palazzo Las Vegas
Las Vegas, NV
March 13 - 15, 2017
More Information

Strata + Hadoop World
O'Reilly and Cloudera
San Jose Convention Center
San Jose, CA
March 14 - 17, 2017
More Information

National Credit Union Collections Alliance Third Annual Conference
National Credit Union Collections Alliance (NCUCA)
Bellagio
Las Vegas, NV
March 15 - 17, 2017
More Information

Fair Debt Collection Practices Conference
National Consumer Law Center
Sheraton Hotel New Orleans
New Orleans, LA
March 27 - 28, 2017
More Information

The Cards & Payments Summit
Marketforce
Radisson Blu Portman Hotel
London, England
March 27 - 28, 2017
More Information

The Payments Summit - Adapting To the Wave of Change
Smart Card Alliance Payment Summit
Renaissance Orlando at SeaWorld®
Orlando, FL
March 27 - 30, 2017
More Information

Third Party Vendor Auditing Workshop
Resource Management Services, Inc.
Four Seasons Hotel
Las Vegas, NV
May 8 - 9, 2017
More Information

Collection and Recovery Solutions 2017
Resource Management Services, Inc.
Four Seasons Hotel Las Vegas
Las Vegas, NV
May 10 - 12, 2017
More Information

Collection Management Training
Resource Management Services, Inc.
Residence Inn Atlanta Airport North/Virginia Avenue
Atlanta, GA
June 21 - 22, 2017
More Information

Third Party Vendor Auditing Workshop
Resource Management Services, Inc.
Chicago Marriott Southwest
Chicago, IL
July 19 - 20, 2017
More Information

Debt Connection Symposium and Expo 2017
Resource Management Services, Inc.
JW Marriott Starr Pass
Tucson, AZ
September 11 - 13, 2017
More Information
















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