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Home / Daily Digest / Daily Digest – April 20. Experian Rolls Out New Collections Products; D.C. AG Announces Settlement With Collection Agency

Daily Digest – April 20. Experian Rolls Out New Collections Products; D.C. AG Announces Settlement With Collection Agency

The Daily Digest is sponsored by T-Max Dialer & Communications, the leader in hosted inbound and outbound dialer technology.

EXPERIAN ROLLS OUT TWO NEW COLLECTIONS PRODUCTS 

  • Experian today announced a pair of new collection solutions, one that gives individuals more power to resolve debts in the ways that work best for them and the other that gives creditors more insights and information about how to work with individuals to collect unpaid debts. Individuals will be able to use eResolve to virtually negotiate their own payment arrangements, eliminating the need for “aggressive” collection efforts, Experian said. Meanwhile, creditors can use PowerCurve Collections to determine the best times to contact individuals, how many contact attempts to make, and through which communication channels to make those attempts.

D.C. AG ANNOUNCES SETTLEMENT WITH COLLECTION AGENCY

  • The Attorney General for the District of Columbia has announced a settlement with Collect Pros, LLC, a California collection agency. The agency will forgive more than $219,000 in uncollected debts, refund nearly $2,000 that was already collected, and pay a civil penalty of $2,500. The agency was accused of collecting debts – mostly for magazine subscriptions — that individuals alleged they did not owe.

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