General News

The FFAM360 Alliance of Companies, with the support of its executive leadership and countless valued employees, took part in the One Team ATL 5k, a virtual race to raise money for social justice education. FFAM360 is proud to serve the communities in which we live. Through participation in this company-wide …

Logicoll, LLC is excited to announce the launch of our professional debt collection agency. Logicoll represents creditors in the resolution of outstanding consumer credit accounts. Our company provides compliant recovery solutions for organizations with outstanding receivables including major banks, credit card issuers, auto financing companies, fintech lenders, and more. Professional …

TransUnion is currently fielding its 2nd annual third-party collections industry survey. The collections industry has endured unprecedented challenges — insights gained from the survey will serve as a benchmark for how communications and technology are changing, the extent to which the fallout from the COVID-19 pandemic is reshaping the industry, …

A survey of individuals from across the United States has revealed the lengths that people have gone to in order to make ends meet during the coronavirus pandemic, which offers a glimpse into how the country is managing its finances and illustrates the full impact of the pandemic, especially on …

MCU Holdings, LLC, announces support of our nation’s fallen special operations heroes through a donation to Naked Warrior Project, a nonprofit organization that helps to preserve the memory of the fallen while providing support for their families. “Few deserve our gratitude and respect more than our fallen military heroes who …

Most collection agencies are private companies, and do not have to release their financial statements. So all we outsiders have to go on is anecdotal or empirical information about how companies in the industry are doing. But there are a couple of companies that are publicly traded and one of …

Crown Asset Management, LLC (CAM), a leading purchaser of charged-off debt and RMAI “Certified Professional Receivables Company”, was recently selected as one of the 2020 Best Places to Work in Collections.  The program, now in its 13th year, is administered by Best Companies Group, which conducts over 60 local, national …

August 5, 2020, Wilmington, DE – Katabat, a leading global provider of debt management software solutions for lenders, fintechs, and collection agencies, announced today a strategic growth investment from Tritium Partners, a growth-focused private equity firm with extensive experience investing in fintech and financial services companies, and Terminus Capital, an enterprise software private equity firm. …

As might be expected, customer service representatives, a category of workers that include collection agents, were among the hardest hit during the early days of the pandemic, according to research that was published by the Federal Reserve Bank of St. Louis. The research looked at the annual earnings of those …

There appears to be a disconnect between the President and members of Congress about what to do with student loan payments that have been paused since the coronavirus shutdown occurred in March. The President last week proposed extending the forbearance program, which is scheduled to expire on Sept. 30, while …