General News

Without drawing any conclusions why it is happening, a report released this week by the Consumer Financial Protection Bureau reveals that young servicemembers are significantly more likely to have negative items appear on their credit reports around the time they leave active duty. Servicemembers who serve between seven and 35 …

Performant Financial Corp. yesterday reported net income in the third quarter of $2 million, compared with a loss of $8.1 million during the same period a year ago. Revenue during the third quarter was $36.2 million, up from $35.9 million during the third quarter of 2019. During a conference call …

While the official results from last week’s presidential election still need to be finalized, reports are starting to circulate about some of the plans and decisions that Joe Biden will be making, should he become the next president of the United States. Those reports are looking at the decisions that …

For anyone who was on yesterday’s webinar will confirm, there is a difference between good collectors and great collectors. Great collectors not only make you — and themselves — a lot of money, but they do it compliantly, they enjoy mentoring newer, less-experienced collectors, and are willing to go above …

Profit at PRA Group was up 70% in the third quarter, to $42.5 million, compared with $25 million during the same period a year ago, according to financial data released by the company last Thursday. Kevin Stephenson, the chief executive of PRA Group, also applauded the new debt collection rule …

Over the weekend, the country announced a new president-elect, former Vice President Joe Biden, and a new Vice President-elect, Sen. Kamala Harris. The pair are set to replace President Donald Trump and Vice President Mike Pence on Inauguration Day, which will be Jan. 20, 2021. A new Democratic administration could …

SAN FRANCISCO – Nov. 5, 2020 – Wells Fargo & Company (NYSE:WFC) announced today that companies Extend and Oliver have joined the Wells Fargo Startup Accelerator, a portfolio of startup companies that develop solutions across a broad set of domains including customer experience, payments, marketing, risk and regulation, climate change and security. Companies …

A group of 83 different consumer advocacy groups have written a letter to Kathleen Kraninger, the director of the Consumer Financial Protection Bureau, urging her not to move forward with a proposed reorganization of the agency’s enforcement unit, saying it will “drastically weaken its authority, independence, and ultimately, effectiveness, leaving …

People across America who hoped to wake up this morning to news of a presidential result are as disappointed as as Democrats who suffered an “abject disaster” based on the results so far, according to political pundits who are filling airtime on television networks across the dial as we wait …

(MADISON, Wis., November 3, 2020) – State is pleased to announce the promotion of Beth Conklin to Director of Training and Organizational Development. Joining State in 2016, Conklin previously served as an Account Executive, managing several key State accounts. She brings more than 25 years of credit and collections industry experience …