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The Myth of the Debt Collection Boom
“Boom Times for Debt Collectors,” “As Economy Struggles, Debt Collectors Rake in Record Profits,” “One Recession-Proof Job: Debt Collection.” Reading some recent headlines on the debt collection...
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In the Wake of a $2B Merger, 1 Small Business Tip From a BPO Behemoth
Photo Credit: Adian Jones via flickr Creative Commons Wanna play a game? Let’s see how many acronyms will fit in the following paragraph. In the world of U.S. private sector M&A, NCO Group, Inc....
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Accretive Health, Inc. Bruised After Attorney General’s Report
Minnesota Attorney General Lori Swanson Tuesday published a six-volume report on the practices of non-profit hospital and clinic operator Fairview Health Services and one of its service providers,...
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Why The Media ‘Can’t Handle the Truth’ About Accretive Health
Cover of A Few Good Men (Special Edition) Contributor’s Note: We at insideARM.com have been covering the Accretive Health (NASDAQ:AH) “scandal” since Minnesota Attorney General Lori Swanson first...
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Debt Collection Stocks Enjoying a Pretty Good Quarter
There are four publicly traded companies that derive the bulk of their revenue from working post-chargeoff consumer receivables. These companies fall into a generally accepted definition of “debt...
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Allegations Ain’t Facts: CFPB Unleashes Credit Card Complaint Database
The Consumer Financial Protection Bureau (CFPB) today unveiled an online database of consumer complaints against WASHINGTON, DC - SEPTEMBER 06: Richard Cordray testifies during his confirmation hearing...
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The Facts Behind the Fantasies About Debt Collection Complaints
Google the terms “debt collectors” and “harassment” and you’ll find a whole lot of purportedly objective news stories that FTC Inside (Photo credit: Incase.) contain some version of the following...
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This week, insideARM.com released an in depth report on debt collection complaints compiled by the Federal Trade Commission (FTC) in the first three months of 2012. We were surprised by what we found....
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How A (Non-Apple) U.S. Patent Might Just Change the World
Yesterday in California, an ostensively historic brouhaha took center stage in Federal Court over smartphone patents between technology titans Apple and Samsung. Depending on the final outcome, the...
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Performant Financial [PFMT] Scales Back IPO; Shares Rise in Trading
Shares of accounts receivable management firm Performant Financial Corp. began trading Friday morning on the NASDAQ stock exchange after the company scaled back its initial public offering (IPO) and...
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Large Debt Collectors Now Under Thumb of CFPB
WASHINGTON - JULY 21: U.S. President Barack Obama signs the Dodd-Frank Wall Street Reform and Consumer Protection Act before (L-R) Vice President Joe Biden, Speaker of the House Nancy Pelosi (D-CA),...
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The ‘DOGtor’ Will See You Now: Creative Solutions to Consumer-Driven...
Nobody likes paying bills. But this week’s Time Magazine special report by Steven Brill, Bitter Pill: Why Medical Bills Are Killing Us, suggests that medical bills are costing Americans an arm and a...
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Forget Cash – Teach Kids About Credit as Early as 6 or 7 Years Old
It’s charming to see young kids having the chance to pay and get change at a store. And it’s important to teach them about money. I have seven year-old twins in second grade and their math homework...
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