The Federal Trade Commission issued a report today recommending that the debt collection legal system be reformed and modernized to reflect changes in consumer debt, the debt collection industry, and technology
The Obama administration outlined a vast overhaul of financial aid programs for college students, one that would end years of federal support to banks and other lenders, in its budget proposal unveiled on Thursday.
Beware firms that refuse to issue annual financial targets.DIVINING what the future holds is tricky at the best of times; at the worst, it is devilishly difficult. So why bother? Citing the chaos of the global downturn, a growing number of companies, including Unilever, an Anglo-Dutch consumer-goods firm, Costco, a big American retailer, and Union Pacific, one of America’s big railroads, have decided not to give annual earnings estimates for 2009.
Convenience, rather than security, will be the driving force behind the U.K. adoption of new payment methods, according to an independent survey of 1,000 British consumers.
The sale of a business is typically the single-most significant event in an owner’s business life. As most owners have never sold a business, any apprehension is understandable. If you are contemplating or preparing for the sale of your company, we believe it's critical to understand the typical components of a deal so that you will be ready to embark upon this journey.
The senior executives of many card issuers are increasing their expectations of recovery operations as more recovered dollars are contributing to reported earnings. At the same time, the challenges facing recovery executives, such as increased chargeoffs, lower collectability in contingency networks, and lower proceeds from debt sales, are making such expectations more difficult to meet.
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