Thursday, January 27, 2011

The Lifeblood of Any Business Is Cashflow

Money circulation is a expression that's frequently utilized casually, nevertheless its relevance have to never be undervalued. The definition of money circulation is; the additional of money revenues above cash outlays in a provided time period. For those who have product sales which have not generated cash income your money movement is constricted and you lessen the capability to pay out your individual business expenditures. Poor cash movement indicates you lose out on the possibility to grow.

In today's challenging enterprise setting cash circulation can be the huge difference in creating your company or dealing with close your company. It's been noted in the Wall Street Journal that banks now want collateral or a nice income circulation in taking into consideration business lending. So, great money movement is emerging as an ever before much more crucial element in evaluating your corporation wellness.

With no clear indication that business issues will strengthen soon you have to think about
all that you can do to improve your money flow. Naturally you need to consider tightening costs. You will find probably locations that you can review to determine if belt tightening is possible. Nevertheless, you don't want to limit expenditures to adversely effect merchandise/service high quality. Nor in the event you jeopardize employee morale while looking to lessen charges.

A lot of companies realize that to be able to maximize money circulation improvements they must emphasis their efforts on the input aspect - accounts receivable. Commence when you are wary of granting credit. Is that account you have been trying to get out of your competitor, now interested in your offerings since your new revenue rep is so helpful or could it be that they are in danger and can't invest their charges? Obviously you really should be vigilant and take all of the precautions needed in granting credit including credit rating checks and credit agreements with teeth in them. Spell out your terms;
include charges for collections and allowable curiosity. And also have the credit agreement signed and witnessed to guard your organization interest.

The following step may be the assortment of your receivables. Set into place a programmed work at the soft collection of your receivables. On a timely foundation your staff really should be contacting your consumers who have not compensated their previous due invoices. Some industries will often have receivables which are longer than the conventional net One month period, nonetheless arrange for this variety of scenario and never permit the financial debt to linger. It's with the improvement of the credit card debt assortment that you'll see the strongest raises in cash movement.

When you have attained the stage where you stand not generating progress in collecting your debts, it is time to seek the assist of the specialist credit card debt assortment service. A high quality assortment agency has the tools and tactics would like to get the challenging col
lections carried out. Moreover, they can manual the procedure via the legal program if neccessary. Keep in mind, the older an economic debt is the a lot more challenging it is to recover. Guard your valuable asset, your accounts receivables, by acting intentionally to recuperate your bad debts.

Wednesday, January 26, 2011

TransUnion Study Finds Consumers Intend to Get More Financially Fit in 2011

ixty-Six Percent to address Financial Stress by Saving cash, Spending Less and Budgeting More

CHICAGO, IL-(Marketwire - January 20, 2011) - A recent TransUnion survey on consumers’ 2011 financial goals discovered that two out of 3 customers stated they plan to increase their budget this year. Effective budgeting, saving more and paying down credit card debt were the top three techniques chosen to do this objective. These outcomes validate what consumers have done in managing credit debt during the last 12 months. Tracked by TransUnion’s Trend Information, the typical charge card borrower debt dropped 11.five percent in the 3Q09 to 3Q10 ($5,612 to $4,964).

The survey, conducted by Zogby International, also found that a quarter of the respondents had no financial targets set for 2011, while 8 % stated they plan to increase their credit rating. As the recession was officially over in June of 20091, nearly half (49 percent) of consumers felt 2010 was much more financially stressful than 2009, possibly indicating a lag-effect when it comes to personal finances.

“One positive facet of the past recession and moving forward this year is the fact that consumers see the have to much better manage and control their credit and finances,” said Heather Battison, director of education for TransUnion consumer goods. “The new year is the perfect time for consumers to appraise their present finances and make goals for where they would like to be at the conclusion of 2011. provides tools to help consumers comprehend their credit info, handle their debt load, safeguard their identity - and most of, help them accomplish their financial goals for this year.”

TransUnion offers the following five ideas to assist consumers start 2011 off about the right monetary foot:

Check your credit history every three months: The initial step to robust credit health would be to recognize which bad financial habits, for example late payments, you have and just how they are represented on your credit report. Regular check-ups will even help you guard against id theft.

Know your score: The higher your score, the greater rate you are likely to receive.

Create a monthly spending plan and stick to it: This straightforward commitment can help you begin a savings strategy and can help keep you against accumulating debt. Also, setting aside a set quantity every month or week guarantees funds regarding emergency, while assisting you develop financial discipline.

File a dispute. It is your to question information on your credit track record that you simply do not recognize or that may not be accurate. On-line dispute types are available on

Guard against identity theft: To assist guard against this increasingly prevalent crime, subscribe to a credit monitoring service that will rapidly warn you of any changes in your report.

Survey Methodology
Zogby International was commissioned by Transunion to conduct an online survey of 2147 adults. The surveys were completed between December 20 and December 23, 2010.

A sampling of Zogby International’s online panel, that is associated with the adult population of the US, was invited to sign up. Slight weights had been put into region, celebration, age, race, religion, gender, education to more accurately reflect the population. The margin of error is +/- 2.2 percentage points. Margins of error are higher in sub-groups.

1 National Bureau of Economic Research

About TransUnion
TransUnion Interactive, Inc. is a consumer subsidiary of TransUnion. Like a global leader in credit and information management, TransUnion creates advantages for huge numbers of people all over the world by gathering, analyzing and delivering information. For businesses, TransUnion helps enhance efficiency, handle threat, keep costs down and increase revenue by delivering complete data and advanced analytics and decisioning. For customers, TransUnion offers the tools, resources and education to assist manage their credit health and achieve their financial goals. Via these and other efforts, TransUnion is trying to build stronger economies worldwide. Founded in 1968 and headquartered in Chicago, TransUnion employs associates in additional than 25 countries on 5 continents.

Friday, January 21, 2011

FICO™ PlacementsPlus® 6.0 Provide Creditors New Improved Oppurtunities

FICO, the provider of analytics and choice management technologies, has released the most recent version of its collections agency management service, FICO™ PlacementsPlus® service 6.0.

Already the leading service providing you with creditors visibility and control over the outsourcing of third-party collection activities, FICO PlacementsPlus 6.0 contains enhanced analytics and more sophisticated reporting tools to better manage and optimize collections agency performance. These advantages can lead to improved operational outcomes and elevated debt recovery.

FICO™ PlacementsPlus® service 6.0 gives creditors new tools to optimize the distribution of the debt amongst collections agencies, matching particular debt attributes using the agencies ideal to that particular type of debt. The service also now enables creditors to set several and customized debt recovery thresholds, or objectives for dollars to collect, for his or her different agencies. Besides PlacementsPlus 6.0 help determine the right efficiency thresholds for each agency, it will help creditors track and evaluate progress and adjust as needed to enhance performance and be sure good results.

“Our FICO PlacementsPlus service is known for the double-digit increases in debt recovery it delivers, through being able to provide each understanding of third-party collections efficiency along with a ready means for creditors to create real-time adjustments within their placements techniques,” said Deborah Kerr, Chief Technology Officer at FICO. “Creditors are now able to make use of the very best analytics and never have to wait months for lengthy model building - PlacementsPlus 6.0 delivers analytic final results within the first 30 days.”

Thursday, January 20, 2011

Interactive Information Reduces The Clients’ Lawsuit Publicity

Interactive Data’s SSN driven FDCPA/TCPA litigation database, in partnership with FDCPA Situation Listing Service, proactively identified more than 1.five million litigants for his or her customers this year, lowering their exposure to prospective FDCPA/TCPA litigation defense expenses by more than $4.7B for that year. John Schaeffer, managing member of Interactive Information, LLC stated “Our proprietary matching computer software is designed to satisfy the difficulties of accurately identifying the litigant for the customers in support of identifies types of litigation which might be specific towards the collections industry”.

FDCPA Litigation is a reality of life for each collection agency, debt buyer and creditor rights attorney. Situation totals for 2010 reached 10,188, representing an overall total of 11,020 Plaintiffs in Usa District Courts.

2011 marks the fifth anniversary for FDCPA Situation Listing Service. Additionally, Interactive Information has approached both year anniversary of it’s partnership with FDCPA Case Listing Service. The premise for producing this partnership / product was simple; offer collection agencies and law firms having a tool that could help them successfully and effectively identify debtors which have filed this type of litigation within the past. Bill Pinkney, founder of FDCPA Case Listing Service, stated “Interactive Data’s SSN driven product provides the capacity for ARM firms to positively identify these litigants within their database. Our team’s manual case research combined with Interactive Data’s proprietary software program is providing hard match rates for their customers more than three to four times the business typical.”

About Interactive Data
Interactive Information, LLC (ID) will be the business leader in locating and identifying individuals which are typically difficult to find. Located in Atlanta, GA, ID offers a number of search products, including Social Security, Active Duty, Actual Estate Listings, POE & Banking account Information, FDCPA Scrubs, Death Index, and Bankruptcy listing searches, as well as Information Warehousing and cost-efficient unmask-pricing for Directory Assistance. Leveraging more than Half a century of collections industry experience, ID creates relevant, customer-focused searches which are both comprehensive and economical. Each of these products work seamlessly with ID’s advanced online and batch items. Interactive Information applications serve the collections, healthcare, financial, debt-buying and cable industries as well as police force and government applications. For more information, please visit, or call 678.584.5252 or toll free at 866.584.2295.

About FDCPA Case Listing Service, LLC
Founded in 2007, FDCPA Case Listing Service could be the premier company providing consolidated study tools designed exclusively for collection agencies, debt buyers, and creditor rights law firms. Searchable databases are designed to capture FDCPA and TCPA litigation within the US District Courts in the Usa. These tools are used to mitigate risk, manage compliance initiatives, and provide a centralized reference database. To learn more, please visit

Tuesday, January 18, 2011

Countries Largest Dental Tradeshow to Exhibit Collections Agency

American Profit Recovery Experts in Diplomatic Dental and Medical Collections to Exhibit at Yankee Dental Congress

MARLBOROUGH, MA-(Marketwire - January 18, 2011) - American Profit Recovery, a collection agency based in Massachusetts, Michigan and New york has announced they will once more exhibit at Yankee Dental Congress (YDC), January 27-29 in the Boston Convention and Exhibition Center. American Profit Recovery can be found at booth 1231 during the three-day event.

American Profit Recovery, experts in neuro-scientific dental and medical collections, has been working closely with many dental practices through the years use a diplomatic and cost-effect solution to recovering past due debt from patients. The collection agency will promote their highly effective Tier I system that has a goal of getting the dentist paid and at the same time frame, maintain that patient returning to that particular dentist via diplomacy. This program oftentimes saves a dentist cash and it is frequently less expensive than dedicating staff towards the task of collecting on overdue payments. 27,000 dental professionals are required to go to YDC this season alone. YDC may be the fifth biggest dental meeting in the united kingdom and it is sponsored through the Massachusetts Dental Society.

“Professionals within the medical and dental field want to be assured that when their sufferers are contacted by a third-party collection agency, they're given respect and dignity,” stated Jeff DiMatteo, a partner at American Profit Recovery. “We take every step possible to help preserve the relationship between the medical professional and patient and gather any overdue fees along the way. Even though at shows for example Yankee Dental, we always find a very receptive audience to our various approach to collections.”

American Profit Recovery is promoting a debt collection system that many within the dental field have started to depend on. The focus on diplomacy and keeping the individual active are two extremely important aspects of the program that also save the dentist resources such as staff time and improve patient retention. More about American Profit Recovery’s expertise in the dental field can be found here:

About American Profit Recovery:
American Profit Recovery (APR) is a collection agency with offices in Massachusetts, Michigan and New york. Founded in 2004, APR specializes in the collection of third-party debt in industries such as medical/dental, banking, trades, lawn care and other professional services. With early intervention and a powerful focus on ethics and diplomacy with customers, APR works tough to preserve the connection between client and consumer by having an ultimate goal of keeping the business relationship intact. The firm serves approximately 3500 customers nationwide. American Profit Recovery and their team have earned numerous awards including Greatest Places to Work in Collections and Most Influential Individuals within the Collection Business. 800-711-0023

Monday, January 17, 2011

Debt Software in Sacramento Years Late and Millions over Budget

When Sacramento County decided in 2005 to spend $4.four million to custom-build its computer to collect debts, the Board of Supervisors expected to have the work carried out couple of years.

Six years later the expenses have skyrocketed to a lot more than $10 million, and also the county nonetheless does not possess a finished system.

Furthermore, a Bee investigation discovered that the bulk of that money, nearly $8 million, has been earmarked to get a no-bid contract having a consultant who previously had a private, undisclosed relationship using a longtime analyst for your county.

Software designer David Benham had until 2000 lived with Elaine Steidley, an agreement employee using the county. Until recently, she managed the project coupled with co-written the original report calling for a custom-built system instead of cheaper off-the-shelf software.

The county initially contracted with Benham, at Steidley’s recommendation, in 2004 to be effective on its computer. Although he wasn't tapped to steer the project till Might 2007, Benham’s initial benefit the county laid the inspiration for later decisions: Steidley’s report pushed the custom program he designed, and county supervisors later approved and funded it.

Benham’s firm, VComCon, initially was awarded a $4.four million no-bid contract in 2007 to perform the work. Now, using the approval of a $3.4 million contract extension in December, some are questioning if the county must have taken care of a custom-built system in the first place.

“There’s been failing by the administration to make the vendor accountable,” said Ruben Clement, who said he left his finance job using the county’s Revenue Recovery Department in Might in part due to his frustrations with all the computer.

Project defended

The department’s director, Connie Ahmed, defended the project - which is used to gather about $40 million a year in court fines, hospital bills as well as other debts - saying it already has improved the department’s collections.

But she recently acknowledged that she wasn’t alert to the past relationship in between Benham and Steidley. Before the connection found light, Ahmed stated, the county had chose to hire an unbiased auditor to review the project as a result of questions over its delays and cost overruns.

Ahmed blamed the contract extensions working cuts in their department and unexpected technical glitches. The department now expects the program being substantially complete in July, four years later than planned.

Craig Nielson, vice president for sales for Columbia Ultimate, the county’s former debt software provider, is probably the chief critics with the project.

Nielson said his business could supply a system to Sacramento County for less than $1.5 million.

Prior to the project’s $3.4 million contract extension in December, Nielson wrote supervisors about what he known as a “troubling misuse of public funds,” and urged the county to reconsider Columbia Ultimate.

In California, 46 of 58 counties use debt-collection software program made by Columbia Ultimate. Previously, San Diego County spent about $1.3 million for the company’s program, that your county’s Revenue and Recovery Director Gary Colbert says works very well.

“I wasn't going to build our own system,” stated Colbert, adding that he desired to steer clear of the “boondoggle” the Sacramento County project has become. “I didn't wish to be dealing with that problem as is also.”

However, Ahmed said Sacramento County previously had major issues with Columbia Ultimate’s software. The company couldn’t customize this program to fulfill the county’s requirements, leaving county employees to deal with tasks that should happen to be automated, she stated.

Study influenced decision

David Cooley is a former county consultant who managed the debt collection project, but says he was fired from this in 2007. He said Steidley helped steer the county far from Columbia Ultimate.

“It was her assessment that collection rules had been too complex for a program like Columbia to take care of,” Cooley stated.

Steidley met with Revenue Recovery employees to determine which they required in a system. She stated she provided research for your 2005 feasibility study she co-authored with Revenue Recovery’s IT manager, Dan Stevens.

The research recommended the county develop Benham’s style instead of purchasing commercial software offered by six other vendors.

Benham and Steidley, who lived together in houses in Maryland and Sacramento, stated their relationship played no role in Benham getting the seek the project.

Inquired on the type of these relationship, Benham wouldn’t elaborate. “If you want to say I cohabitated with her till 2000, which is fine,” stated Benham, who got married to a new lady that year.

At first, Sacramento County attempted to build the program in-house, using county IT employees and consultants that included Benham.

However with a deadline fast approaching couple of years later, the county quit on constructing the system alone, after working $2.7 million, records show. Employees on the project couldn’t maintain maintenance for that old program while creating a another one, Ahmed stated.

Although he was in control of the project during the time, Cooley blames Benham for the holdup, saying Benham attemptedto go on it over. He explained Benham was trying to develop a very complex system so he could bind the county to his expertise - and be sure himself future service and training contracts.

“He was building a business about the county dime, generating something only he could help,” Cooley said.

Cooley said he was fired in January 2007 for a passing fancy day he earned a presentation to county officials criticizing the direction from the project, and Benham’s role in holding it.

Benham denied Cooley’s accusation which he was stringing the county along. He was quoted saying Cooley’s failure to guide was the reason for his dismissal.

No-bid contract awarded

Whatever the case, the county gave Benham and his business, VComCon, a $4.4 million no-bid contract because he designed the program, Ahmed stated.

The company doesn’t have an office, as well as the county project may be the only considerable work it has handled, Benham said. The company’s six employees operate in an income Recovery office.

The contract “safeguards the county against further price overruns,” Ahmed wrote supervisors in 2007.

That year, Steidley was allotted to oversee the contract as project manager, a job she had until last year.

The project hit an additional snag in 2009: Testing revealed new variations inside the department’s information which meant the machine needed more functions, Ahmed said.

That ultimately led to the $3.four million contract extension in December.

The current contract amendment says the software is going to be substantially done in July, but necessitates five much more years of training and help by VComCon at a cost of more than $3 million.

The amendment also provides Benham intellectual property rights for your software, meaning they can sell this program to other counties.

Ahmed previously had argued the county can use the rights to offer the product along with other counties, and recover some of its costs. In December, she said the county consented to give up these rights to reduce Benham’s contract price.

Tuesday, January 11, 2011

Collecting Business Debt: A Take Action Plan/Strategy

Business debt collection

is the place collecting payments from customers for goods or items that is made on credit basis. Past due or delinquent accounts be a priority on any business and establishing a highly effective collection technique is a must. So that as straightforward since it looks this activities are not probably the most pleasant ones, therefore, represent probably the most stressful activities for business owners.

Monitoring their accounts receivable is one of the causes business lost tabs on accounts that come to be delinquent (overdue), and also the proven fact that most people, even beyond this round, aren't comfy putting pressure in other people to pay. When there is no debt collection arrange for the business this may result in a financial crisis.
An effective collection plan should be contained in all sales plan, collecting the over due account as soon as possible and rewarding customers to maintain paying on time generates a good financial status and be sure the business stays on track.
Whenever a buyer show signs that isn't paying on time or otherwise paying whatsoever, this does not mean that you may invest you attention into this account, but been persistent with the accounts that represent challenges when collecting the accounts, let’s say that a buyer is certainly going through - for example divorce, sickness or unexpected economic difficulties - When collecting delinquent accounts, a business owner must be on the position of support, presenting the chance of getting your client the sensation that they are getting help from the collector (in this case a business owner, in-house department, and so on.
Associated Coverage

 * Debt Collection Agency ideal for Smaller Business?

 Little and home-based businesses deal with money owed as usual. They must be studied back just before deficit coming. A practical action plan must be activated to solve these eventualities. That's why a debt collection agency is required.

 * Why must I Hire a Debt Collection Law Firm?

 Hiring a debt collection law firm will not only permit you to continue with your principal business, but the lawyer also offers experts that focus on obtaining payment. The law firm will find "lost" customers, request choice payment plans as well as file lawsuits for you. Receiving a letter from a debt collection law firm threatening legal action can create comparatively much better outcomes than the usual letter from the modest merchant.

 * Collecting Business Debt

 This is definitely an article on collecting smaller business debt. Tiny business debt is awful for that business owner who would like to stay afloat.

 * Is Outsourcing to Debt Collection Agency a much better Choice For Smaller Business?

 Home Business Small , home-based businesses have to face the daunting process of collecting excellent bills at some point or even the other coping with money owed. No matter if an uncollected debt is the consequence of genuine financial hardship at the customer's finish or her as being a habitual nonpayer, outstanding debts have to be collected on priority to avert loss to business. Business heads need to chalk out a highly effective plan of action to handle this case effectively. Collection agencies really are a practical alternative for small , home businesses that do not possess the required personnel and resources to gather outsta...) persevering in a very good business relationship is a clue, in most of this situations are temporary and you will recover your debt with out compromising your business relation and also the opportunity to sell or supply plan to them.

Establishing an organized plan with respect to the demands from the business works:

* Establishing Solid Credit Policies.

When Organizations are in a position to identify issues before they take place it’s key, establishing credit limits, base on business credit history, credit scores, credit history, etc. this present lenders having a means by how good or bad are customers when is time for you to pay. This is often as flexible as the income allows. Is assistance to revise and adjust the business credit policies yearly, given that following a year a lot of things can happen like; change on laws or that the great buyer just simply be a pain for other business.

* Collection Strategy: Monitoring A/R, if you find lots of customers purchasing on credit basis in a time period (e.g 30, 45, 60 days) monitoring this accounts may represent an extraordinary effort. Activate a collection plan exactly where includes number of friendly reminders which can be; telephone calls, letters or individual check out, listen what debtors need to say, propose solutions like; payment plans, let them know when you're likely to get in touch with them expecting payment, let debtors tell you their story, but constantly focus the conversation within the debt itself and committing them with payments. This needs to be immediately once the account grow to be overdue.

* Debtors don wish to pay. When you begin a basic debt collection program, most of the times this works, but this is not an ideal world and facing debtors that simply wont pay, this may develop into an stressful experience. Debtor will push before you drop the towel and let them disappear without having to pay. There is whenever a business must turn the account into a Collection Agency, if it is business collection a Commercial Collection Agency. Commercial Collection Agencies exist because of this debtors that want to create life miserable to business that trust them with products/services, having an army to gather the delinquent account mean that a business preserve their focus on their - cash flow, profit and sales - activities. Probably the most quick way to gather this accounts is beginning having a commercial collection quoted price, this can demonstrate an indication of how soon and just how much can be collected.

* Repeat the cycle.

A more sophisticated program could be implemented depending on the nature from the business, however when you talk with a commercial collection agency they are able to help business establish an in-house debt collection strategy having a commercial collection assistance for all those hard to gather. Get an research into the accounts receivables and start collecting effectively.

Debt Collector Ordered to Stop For being Unlicensed

A Chicago City lady was told to prevent performing debt collection function without a license, according to a purchase signed by the state Department of Commerce final month.

Elizabeth Watterson, acting as Rent Recovery Service, taped a dunning (collection) letter for an apartment door in Forest Lake in September 2009, 2 days after the landlord changed the locks following a dispute using the tenant, the order said.

Watterson threatened to harm the tenant’s credit and put the person’s name on the bad tenant site when the renter didn't pay the landlord $1,681.

Later, she texted the tenant, identified only as R.P.: “I don't have any authority to complete something. I'll police and also the attorney.”
Watterson may perhaps request a hearing or seek an injunction to stop enforcement of the order.

Original Here

Monday, January 10, 2011

BofA Says Fannie Deal a ‘Necessary Step’ in Housing Recovery

Bank of America Corp. mentioned its $2.8 billion in accords with Fannie Mae and Freddie Mac, the government-owned firms pushing lenders to repurchase soured mortgages, would be a “necessary step” in the housing recovery.

The biggest U.S. bank by assets announced Jan. three that it had “largely addressed” liabilities in the two mortgage- financing firms by paying Fannie Mae $1.5 billion and giving Freddie Mac $1.three billion. The agreements may have shortchanged the U.S. government, which took over the two firms in a 2008 rescue, Representative Maxine Waters mentioned late yesterday.

“Our agreements with Fannie Mae and Freddie Mac are a crucial step toward the best recovery of the housing market,” Jerry Dubrowski, a spokesman for that Charlotte, North Carolina-based bank, mentioned right now in an e-mail. “We have taken a leadership role in answering the housing crisis.”

Fannie Mae and Freddie Mac had been trying to recoup losses on mortgages they bought that they say had been made up of faulty information, which includes details about borrowers’ income and home values. Bank of America received a lot more than $21 billion in demands to buy back loans from the two firms. The financial institution surged 6.4 percent, its biggest grow in practically eight months, in New York trading on Jan. three after announcing the settlements.

Original Here

Friday, January 7, 2011

Idaho Debt Consellor Not Licensed and Pays For it

Florida-based GHS Solutions LLC is required to refund $303,218 to the citizens of Idaho who used their services while they did not in fact have a credit conceling license. This will be given back by June 1.
What the company did was asked their clients to open a savings account and they would manage their debts and collect fees for doing so. Not being licensed made this activity illegal, entitling the 148 clients the company had to their money back. Under the Idaho Collection Agency Act they were required to have a license. On top of paying the clients back the money they also must pay 15,000 in penalties.

Original Article Here

Thursday, January 6, 2011

Encore Capital Group Selects MSLGROUP as its Global Public Relations Agency of Record

MSLGROUP is really a speciality communications and engagement group that’s among the world’s 5 best PR and events networks. With more than 2,500 people, its offices span 22 countries and cover just about any discipline required for clients to engage creatively with their audiences 24 hours a day.

Encore Capital Group is a leader in personal debt buying and recovery. The organization purchases portfolios of defaulted consumer receivables from banks, credit unions, consumer finance companies, commercial retailers, car loan lenders and telecommunication companies and manages them by partnering with folks as they repay their obligations and work toward financial recovery.

MSLGROUP was announced today that is would be the agency selected of record for the Encore Capital Group, Inc. 

Full article here