Collections & Credit Risk articles from January 2002

Collections & Credit Risk archives from January 2002

The Digest.
January 1, 2002... COVER STORY 36 The Struggle To Recover The economy has slipped into recession, foreshadowing a difficult collections environment in 2002. But many think that the pain may be short-lived. FEATURES Commercial 25 ...

My Take: Circ's Up! CCR Welcomes New Year.(Brief Article)(Editorial)
January 1, 2002... This is Collections & Credit Risk's seventh year of publication, and we are fine-tuning our approach to serving this market. Our mission always has been to cover all aspects of commercial and consumer credit from setting policy through...

Letters to the Editor.
January 1, 2002... Shopping List To the Editor: I'm interested in credit card and consumer credit asset-backed securities as a funding methodology. Also (I am interested in) other related topics such as: - Credit card and consumer debt portfolio...

Survey Results.(Brief Article)
January 1, 2002... Here's how visitors to Credit & Collections World, Collections & Credit Risk's website, voted on this month's Instant Survey: Is your company increasing its debt-collections capacity - whether by adding staff or increasing its outsourcing...

CU Debt Sales Program Makes Headway.(Ascend United; credit union debt)
January 1, 2002... Ascend United, a consultancy program that promotes distressed-debt sales among U.S. credit unions, closed three sales in 2001 - with about 22 credit unions participating. The next sale is scheduled for February. The program, an affiliate of...

What's New?(credit software and collection news)
January 1, 2002... Early Warning System TransUnion introduces its Rapid Notify Portfolio Management, an account management service that offers a customized approach to risk management and customer retention. TransUnion says Rapid Notify Portfolio Management...

Fiserv on a Shopping Spree.(acquires 4 companies; other credit and collection firm news)(Brief Article)
January 1, 2002... Fiserv, a Brookfield, Wis.-based information management services provider for the financial industry, announced four acquisitions in late November and early December. The deals include buying NCSI, an insurance and information services...

Acquirers Pick Up the Pace.(credit processing and scoring services pick up more retail accounts)
January 1, 2002... Merchant acquirers, in tortoise-and-hare fashion, are adopting online risk models to grow portfolios and cut expenses, hoping to increase throughput of applications and lower risk policies. Merchant acquirers have been searching more than a...

The Struggle To Recover.(recession and credit collection business)
January 1, 2002... The economy has slipped into recession, foreshadowing a difficult collections environment in 2002. But many think the pain may be short- lived. The country is at war. The economy is in recession. And the outlook in 2002 for the collections...

M&A Action Tweaks Debt Buyer List.(merger and acquisitions effect top debt buyers)
January 1, 2002... RMA's purchase of Equifax's A/R unit a year ago, and NCO Portfolio Management's absorbing former kingpin Creditrust, ensure the top debt buyer ranks get a new look. Economic pressures that began clashing last year promise larger loads of...

Top Debt Buyers.(Brief Article)(Statistical Data Included)
January 1, 2002... (Face value bought in 2000) Company Total $ OSI Portfolio Services 4,000,000,000 Sherman Financial Group 4,000,000,000 ...

Sleuths' Top Tools.(Internet and CD-ROM based tools for credit collection agencies)
January 1, 2002... Web-based skip-tracing and asset-location solutions may be glitzier than CD- ROMs and paper-based directories, but end-users still place a premium on freshness of data and price when choosing their weapons. In the late 1990s, skip tracing...

Who's Who in Skip Tracing and Asset Location.(Directory)
January 1, 2002... Company Acollaid American Research Bureau Inc. Aries Data Corp. BellSouth ChoicePoint Inc. Data Retrieval & Asset Locating Systems Inc. DebtWatcher Inc. e-InfoData.com Excel Investigations Inc. Experian...

Dithering Debt.(Brief Article)(Statistical Data Included)
January 1, 2002... Perhaps the best news from the commercial-credit sector is that third- quarter trade receivables dithered rather than dived. While that much- abused standard measure - days sales outstanding - held steady, other indicators moved only slightly,...

Credit Info Stocks Beat S&P 500.(Brief Article)
January 1, 2002... From Oct. 23 through Nov. 23, the Standard & Poor's 500 index gained nearly 5 points in Collections & Credit Risk's Equity Index, reflecting the general improvement in U.S. stock markets. But credit information company issues gained 8.5 index...

Keeping Cyberspace Safe.
January 1, 2002... The dawn of the Internet age brings with it widespread concerns about security, especially after the U.S. became vulnerable to terrorist attacks and well-publicized hackings and viruses. Can confidence in cyberspace security be restored? ...

Advertising and Service Contacts for Collections & Credit Risk and CollectionsWorld.(Directory)
January 1, 2002... Advertising Western Sales Manager Brenda Schultheis 300 South Wacker Drive, Suite 1800 Chicago, Illinois 60606 Brenda.Schultheistfn.com (847) 251-1588 Fax: (847) 251-0887 Eastern Sales Manager Steven...