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CA DFPI Issues Fines, But are Recipients Even Debt Collectors?

On January 30, 2023, the California Department of Financial Protection and Innovation (DFPI) announced it issued enforcement actions and levied fines against five separate entities. Though the DFPI referred to each of these entities as "debt collectors," it is unclear whether these businesses are actual debt collectors or fraudsters posing as debt collectors.

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Women in Consumer Finance 2023

Sharpen your leadership skills, expand your professional network and help improve your workplace culture when you attend Women in Consumer Finance 2023, December 11-13, 2023 at the Renaissance Esmeralda in Palm Springs. Registration is now open!
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NCB Crown Asset Management Spring Oaks Capital

NCB Management Services, Inc. Hires Leonard Yampolsky as Chief Information Officer

TREVOSE, Pa. -- NCB recently announced that Leonard Yampolsky has joined its executive leadership team as the Company's Chief Information Officer.  Leonard is a technology management, software development and product engineering executive with more than 25+ years’ experience. He has been instrumental in building product development capabilities, directing technology implementations, developing business-automation strategies, and cultivating high-functioning teams.  Leonard’s areas of expertise span across Pharmaceutical, Financial and most recently e-Commerce sectors with high emphasis on Digital Transformation and Platform Engineering.

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Credit Control, LLC - First Place Ranking in Large Company Category Best Places to Work in Collections

ST. LOUIS, Mo. -- Credit Control, LLC (“Credit Control”) is proud to announce for the third year in a row, our employees have ranked us as winners in the Best Places to Work in Collections program. This is the company’s third time participating in the program with back-to-back #1 overall rankings in the large company category.

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CFPB Issues Request for Information on Consumer Credit Card Market

The CFPB has issued a new request for information (RFI) to inform its biennial review of the credit card market mandated by the Credit Card Accountability Responsibility and Disclosure Act of 2009 (CARD Act).  Comments on the RFI must be received by April 24, 2023.

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ConServe Named 2022 Best Places to Work in Collections

Rochester, N.Y. -- Continental Service Group, Inc., d/b/a ConServe is proud to announce it was selected as one of the 2022 Best Places to Work in Collections.  This is the eighth time that ConServe has been recognized by industry excellence programs administered by Best Companies Group.  This organization conducts over 60 local, national and industry “Best Places” programs each year.

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Commercial Collection Agencies of America Gives Back

CHICAGO, Ill. -- Commercial Collection Agencies of America announced that through its initiative, Commercial Collection Agencies of America Gives Back, a portion of the proceeds of its annual conference along with individual members’ donations, have been given to the Bone Marrow & Cancer Foundation.

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