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Strategic planning: Testing the trends

A key part of any strategic-planning process is understanding the underlying trends. But how often have you read a prediction, statement or trend, and began to wonder if it were true? Sadly, with so many instant experts, pundits and self-serving gurus, it is sometimes difficult...

source: By Randall Craig
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Every organization aims to receive as much business from their clients as possible. One way to accomplish this goal is to offer clients a comprehensive, credit and collection one-stop-shop line of services so as to become the client's total credit risk management provider....


The Fair Debt Collection Practices Act (the "Act") was created to protect consumers against abusive debt collection practices. The notice provision is one feature of the Act that requires debt collectors to notify consumers of the latter's ability to obtain information concerning...

source: JD Supra

A whole new student loan servicing and processing system will be up and running in 2019, the U.S. Education Department said recently, as it formally unveiled its plan to overhaul the current $1.3 trillion program.

source: Reuters via Yahoo News

Republicans are stepping up their efforts to remove Consumer Financial Protection Bureau chief Richard Cordray from office. Under current law, President Trump does not have the power to remove Cordray from office except for cause, although that provision itself is being...

source: CNNMoney

For decades, starting in the 1980s and up to the mid-2000s, medical bills rose and rose to become one of the largest causes of personal bankruptcy filings in the United States which increased right alongside it. But after hitting record levels in 2005 (paywall), personal...

source: Quartz

A court in Shangqiu, Central China's Henan Province sentenced a "granny gang," which demanded repayment of loans mainly by insulting debtors, to up to 11 years in prison, after determining that the group's behavior was equal to that of organized gangsters. A local court...

source: Global Times Published


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