In August of 2014, they announced their new FICO® Score 9 which touts "a more nuanced way to assess consumer collection information...and offering a sophisticated treatment of differentiating medical from non-medical collection agency accounts".
For over a year now, I have been saying in this space that the CFPB and its director, Richard Cordray, were going to grab the consumer collection industry by the seat of their pants, turn it upside down, and give it a good shaking.
In other instances, including those where carefully targeted post-consumer collection methods are possible.
Stakeholders can use this matrix to assist in the design, assessment, and/or implementation of a convenient post-consumer collection system under an EPR/PS framework.
However, based on a dissection of post-consumer collection efforts under a generic EPR/PS system, this paper identifies and examines five categories of convenience – knowledge requirements, proximity to a collection site, opportunity to drop-off materials, the draw of the collection site, and the ease of the process and the various factors of convenience within each of these categories.
New developments in consumer data collection have merged with law enforcement's desire to embrace "smart policing" principles in an effort to increase efficiency amid decreasing budgets.
The paper discusses the technical issues that this matter involves, including consumer side collection of metering data, potential divergences between the two independently calculated bills, dispute resolution and non repudiable sharing of resource usage records.
Over the past year, one bank in particular has drawn attention for its consumer debt collection practices.
Is it too blunt to say merely, "Duh?" There will always be a hunter-hunted component in the world of consumer debt collection.
An estimated 96,000 consumer debt-collection cases were filed in 2009 in Alameda, Contra Costa and San Francisco Counties alone, up from about 53,665 in 2007.
ChoicePoint, a consumer-data collection company, has promised Mr. Smith the use of the company's aircraft for 10 years if he is dismissed after his employment contract expires in 2010.
