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Friday, August 11, 2017
This Week Articles:
EARLY BIRD REGISTRATION RATE ENDS TODAY FOR THE DEBT CONNECTION SYMPOSIUM & EXPO 2017!
Debt Connection Symposium and Expo 2017 will be held on September 11 - 13, 2017 at the JW Marriott Starr Pass in Tucson, Arizona. The early bird rate of $1,295 that will end today, and on tomorrow, the rate goes up to $1,395. Register today online to get that early bird rate! Registration is open to Industry Professionals, both Operational and Marketing, from Creditors, Debt Sellers, Collection Agencies, Collection Attorneys, Debt Buyers, Scoring & Analytics Vendors, Skip/Locate Vendors, Collection/Recovery Software and Hardware Vendors. This conference represents a solid opportunity for substantive interaction between clients and vendors, and a comfortable setting to discuss new opportunities.
read more

IDAHO JOINS $500,000 MULTISTATE SETTLEMENT OVER IMPROPER DEBT COLLECTION PRACTICES
(Boise) -The Idaho Department of Finance announced today that financial regulators from five states,
including Idaho, have reached a joint settlement agreement with two subsidiaries of IQor Holdings Inc.
for failure to comply with federal and state consumer protection laws related to debt collection practices.

read more

FTC PERMANENTLY HALTS TECH SUPPORT SCAMMER WHO FALSELY CLAIMED HE WAS ACTING ON BEHALF OF THE AGENCY
The Federal Trade Commission has obtained a default judgment and permanent injunction halting the activities of a Florida man who allegedly peddled unnecessary tech support services under the deceptive guise of an affiliation with the FTC.
read more

NATIONWIDE MUTUAL INSURANCE AGREES TO $5.5M SETTLEMENT OVER DATA BREACH
Nationwide Mutual Insurance company will pay a $5.5 million settlement for the 2012 data breach that exposed personal information for an estimated 1.27 million consumers, state officials said Wednesday.
read more

RESURGENT CAPITAL SERVICES ANNOUNCES PROSPECTIVE AND EXISTING AGENCY MEETING AT DCS2017
Resurgent Capital Services will be holding a prospective vendor meeting at the Debt Connection Symposium & Expo conference. This meeting will be for prospective agencies and attorneys. All interested agencies and attorneys must complete the online Pre Screening questionnaire to be considered. All meeting participants must be registered attendees of Debt Connection Symposium & Expo.
read more

HOUSTON DEBT BUYER ASKS FOR NEW TRIAL AFTER $25 MILLION VERDICT
Houston debt buyer Joseph Onwuteaka is asking for a new trial after a jury in June imposed $25 million in civil penalties against him and the companies he controls for unscrupulous collection practices that included suing nearly 900 consumers who live far from Houston and were unlikely to show up in court to defend themselves.
read more

PRA GROUP REPORTS SECOND QUARTER 2017 RESULTS
NORFOLK, Va., Aug. 08, 2017 (GLOBE NEWSWIRE) -- PRA Group (Nasdaq:PRAA), a global leader in acquiring and collecting nonperforming loans, today reported its financial results for the second quarter of 2017. The company reported net income of $11.7 million in the second quarter, compared with $36.5 million in the prior year period. Diluted earnings per share were $0.25 versus $0.79 in the second quarter of 2016.
read more

SIDING WITH CFPB
A district judge in Pennsylvania has made an important ruling in favor of the Consumer Financial Protection Bureau (CFPB) recently, according to a report (Case: Consumer Financial Protection Bureau v. Navient Corp. et al., case number 3:17-cv-00101, in the U.S. District Court for the Middle District of Pennsylvania).
read more

EXETER FINANCE ANNOUNCES A PROSPECTIVE DEBT BUYER AND REPO VENDOR MEETINGS AT DCS2017
Exeter Finance will be holding a prospective vendor meeting at the Debt Connection Symposium & Expo conference. This meeting will be for prospective Debt Buyers and Repo Vendors. All interested debt buyers and repo agencies must complete the online pre-screening questionnaire to be considered. All meeting participants must be registered attendees of Debt Connection Symposium & Expo 2017.
read more

FTC FILES CHARGES AGAINST INDEPENDENT SALES ORGANIZATION AND SALES AGENTS
The Federal Trade Commission has charged 12 defendants with laundering millions of dollars in credit card charges through fraudulent merchant accounts. According to the complaint filed by the FTC, the defendants arranged for a deceptive operation known as Money Now Funding (MNF) to obtain and maintain merchant accounts that allowed it to process almost $6 million through the credit card networks.
read more

NCB MANAGEMENT SERVICES NAMES RALPH LIBERIO AS PRESIDENT AND CEO
TREVOSE, Pa. -- NCB Management Services, Inc. today announced that Ralph Liberio has been appointed President and Chief Executive Officer of NCB Management Services, Inc.
read more

FEDERAL RESERVE CONSUMER CREDIT - G.19
Consumer credit increased at a seasonally adjusted annual rate of 4-1/2 percent during the second quarter. Both revolving and nonrevolving credit increased at similar annual rates. In June, consumer credit increased at an annual rate of 4 percent.
read more

DebtConnection.com is a searchable database of collection products and services.
The following Updates and New Entries occured since the last At A Glance was sent:
Portfolios For Sale
$805,604.00     Payday Loans
Liberty Credit Management
http://www.debtconnection.com/portfolio.asp?7968  
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?8084  

$3,430,442.00     Credit Cards
Argonaut Financial, LLC
http://www.debtconnection.com/portfolio.asp?7966  
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?1826  

$491,121.00     Payday Loans
Bayview Solutions LLC
http://www.debtconnection.com/portfolio.asp?7965  
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?7193  

$5,497,859.00     Credit Cards
Bayview Solutions LLC
http://www.debtconnection.com/portfolio.asp?7964  
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?7193  

$3,498,760.00     Credit Cards
Bayview Solutions LLC
http://www.debtconnection.com/portfolio.asp?7962  
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?7193  

$18,310,059.00     Credit Cards
Bayview Solutions LLC
http://www.debtconnection.com/portfolio.asp?7961  
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?7193  

$2,235,264.00     Consumer Loans
Bayview Solutions LLC
http://www.debtconnection.com/portfolio.asp?7960  
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?7193  

$2,305,317.00     Consumer Loans
Bayview Solutions LLC
http://www.debtconnection.com/portfolio.asp?7959  
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?7193  

$4,519,213.00     Credit Cards
Bayview Solutions LLC
http://www.debtconnection.com/portfolio.asp?7958  
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?7193  

$6,549,071.00     Credit Cards
Bayview Solutions LLC
http://www.debtconnection.com/portfolio.asp?7957  
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?7193  

$2,858,493.00     Credit Cards
Bayview Solutions LLC
http://www.debtconnection.com/portfolio.asp?7956  
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?7193  

$892,048.00     Credit Cards
Bayview Solutions LLC
http://www.debtconnection.com/portfolio.asp?7955  
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?7193  

Debt Buyers
CRESTON SOLUTIONS, LLC
612-800-7499

Industry Events
Global Finance & Credit Conference & Expo
Global Finance and Credit Management Conference and Expo
Hyatt Regency
Chicago, IL
August 22 - 25, 2017
More Information

Debt Connection Symposium and Expo 2017
Resource Management Services, Inc.
JW Marriott Starr Pass
Tucson, AZ
September 11 - 13, 2017
More Information

Eastern Region Conference
Commercial Law League of America
Tropicana Casino & Resort
Atlantic City, NJ
September 13 - 15, 2017
More Information

Northeast Debt Collection Conference
ACA International
Caesars Atlantic City
Atlantic City, NJ
September 17 - 19, 2017
More Information

Sponsors
This report is sponsored by Resource Management Services, Inc. Check us out at: http://www.resourcemanagement.com/

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