General News

What will you remember about 2019? That was the question I put to a number of industry experts and professionals yesterday, asking them to share their thoughts about the trend or issue that had the greatest impact on the industry during the past 12 months. Here are how those individuals …

There was a lot that happened in the credit and collection industry during 2019. AccountsRecovery.net has published more than 1,400 articles since New Year’s Day 364 days ago, and while some of them were less-than-awesome (anyone remember this gem), there were a lot of important developments that impacted the industry. …

We can debate whether tomorrow is the actual end of the decade or whether it begins a year-long countdown to the end of the decade, but regardless of that formality, the turning of the calendar from one year to the next and to a nice, round even number like 2020 …

A trailer has been released for a new movie, “Buffaloed” which is a comedy/drama film about a woman who, in the midst of serious financial trouble, becomes a debt collector and finds she’s pretty good at it. The movie is bound to further cement the stereotype that the debt collection …

There appears to be a generational gap in dealing with debt that is disproportionately affecting younger people in the United States. The nuances and idiosyncrasies of collecting from individuals in different generations has been something that has been addressed on multiple fronts on this website in the past, and that …

Even richer people can have a lot of debt, according to the results of a survey released by Bankrate.com. Individuals who identified themselves as having a net worth of between $100,000 and $199,999 per year were the category with the largest percentage of people who have credit card debt, according …

The Urban Institute has updated its interactive map that breaks down “Debt in America” to a very granular level. For example, fewer people in Louisiana have a debt in collection than were in that situation two years ago when the data was first released, but that state still leads the …

While still not ranking very high as one of the best places to work in the federal government, the Consumer Financial Protection Bureau made a huge jump in the 2019 rankings, according to data that was released recently. Overall, among mid-sized federal agencies, the CFPB ranked 21st out of 25 …

On November 21, 2019, Tracie Hazelwood, Client Accounts and Solutions Manager for First Financial Asset Management, or FFAM360, participated in Covenant House Georgia’s Sleep Out to support homeless youth in Atlanta.  The Sleep Out Movement takes place across the United States and Canada as an act of solidarity to show …

Leon Snyder, a former president of ACA International who founded Credit Adjustment Bureau of Baltimore, passed away on Nov. 25. He was 95. Snyder, who worked until he was 82 according to an obituary, founded the agency out of his home in 1958 with his wife, Beatrice, after spending time …