General News

I came across this article around the holidays and I bookmarked it because I thought it offered some interesting data and had some applicability to the credit and collections industry, even though it isn’t about the industry. The article in question discusses why some companies seem to excel at providing …

The Consumer Financial Protection Bureau announced yesterday that it is now accepting applications from individuals who wish to participate in the agency’s Consumer Advisory Board (CAB), Community Bank Advisory Council (CBAC), Credit Union Advisory Council (CUAC), and the Academic Research Council (ARC). Applications for the advisory committees must be submitted …

People who have been around the industry for more than a year will remember the name of Leandra English, who was the deputy director of the Consumer Financial Protection Bureau and became embroiled in a legal battle over who would replace Richard Cordray when he resigned as director of the …

Perspective is everything, isn’t it? It’s what can unite us and so often divides us. It reminds me of an old journalism adage: never let the truth get in the way of a good story. The objective of this post is not to skew perspective, but to relay facts and …

Minnetonka, MN- Central Portfolio Control, a full-service and nationally licensed collection agency, today announces a donation to Sharing & Caring Hands of Minneapolis, MN.  “Giving back has always been a key value at Central Portfolio Control,” says Chief Operating Officer, Mike Lesher. “We believe in helping not only our clients and …

Kaufman Dolowich & Voluck LLP (KDV), a leading national law firm, today announced that it is doubling the size of its Philadelphia office with the addition of four attorneys. The firm will be moving its Philadelphia offices next month to accommodate the new attorneys and future growth plans.  KDV now …

Sen. Elizabeth Warren [D-Mass.], who is running for president, has unveiled a proposal that would make it far easier for individuals to file for bankruptcy protection and undo much of the 2005 overhaul of bankruptcy law in the U.S. “I lost that fight in 2005, and working families paid the …

As part of MCU Holdings’ corporate charitable giving, a donation has been made to Stop Abuse, a nonprofit organization that teaches children how to recognize child sexual abuse (CSA) and feel empowered to speak up if they are being touched or approached in a way that makes them feel uncomfortable.  Stop Abuse teaches children …

What does it say about a product when a state-run collection operation tells municipalities that it will no longer help them collect unpaid tickets that were created by that product? That is the situation in Illinois, where the state Comptroller has announced that her office will no longer withhold state …

New York might share borders with New Jersey and Connecticut but their residents do not share the same amount of financial stress, according to a website’s study of how individuals in different states searched for personal finance terms on Google, such as debt collection, debt relief, bankruptcy, and debt consolidation. …