General News

DCI Closes Down

Once one of the largest collection agencies in the country, DCI or Diversified Consultants, Inc., has closed down, numerous sources informed In a letter that was distributed to employees in late March and reviewed by, the company announced it will be permanently closing its doors before April 30 …

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Coronavirus/COVID-19 Resource Page

At last count, I had published about three dozen articles relating to the coronavirus. That is a lot of information. And, until now, it wasn’t really organized in any way, shape of form. To remedy that, I have taken all the articles and put them on one page. If you …

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Agencies Seeing Backlash From Keeping Offices Open

Companies in the credit and collection industry should be aware that the decisions they are making about whether to stay open and which employees should or need to come into the office everyday may be subject to criticism in the court of public opinion. One collection agency that has an …

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Minnesota Agency Lays Off 250 Workers

A collection agency in Minnesota that specializes in student loans has filed a notice with the state that it is laying off nearly 250 workers from three different locations, according to a published report. National Recoveries Inc. notified the Minnesota Department of Employment and Economic Development last week of the …

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Details About Relief Available Through CARES Act

Information about the relief packages that are being made available through the Coronavirus Aid, Relief, and Economic Security (CARES) Act that was signed into law week, is now starting to be released, and offers insights and guides to help companies that might be interested in applying for loans or grants. …

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