Optio’s Free Debt Collection Consultations

Businesses can pay a heavy price for in-house debt collection operations. Regardless of the success rate, internal production costs of time, labor and collections technology divert critical resources towards indebted consumers and away from revenue growth. Companies with delinquent consumer accounts that aim to funnel all resources towards profitability may benefit from the services of…

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data security

A Summary of Data Security Standards (PCI DSS 3.2)

The Payment Card Industry Security Standards Council was established in 2004 as an alignment of individual data security programs operated by Visa, MasterCard, American Express, Discover and JCB. The council developed the Payment Card Industry Data Security Standard (PCI DSS) to promote “cardholder data security and facilitate the broad adoption of consistent data security measures globally.”

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skip tracing

Skip Tracing in the Debt Collections Process

Most business-to-consumer operations possess an arsenal of action jargon, and debt collection agencies are no exception with their charge-offs, garnishments, scrubs and skip traces. In a perfect world, agencies are able to negotiate a fair settlement for clients so they don’t face revenue loss to account charge-offs and consumers aren’t subjected to wage garnishments. If…

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Debt Collection Agencies to Attend NACM 2017

Commercial credit professionals from a wide variety of companies including credit and debt collection agencies will saddle in for another round of educational presentations, solutions-focused exhibits and business enhancing socials at NACM’s 121st Credit Congress and Expo. NACM welcomes individuals from across the nation and abroad, attracting professionals from wholesale distribution, food, construction and other industries. The event takes place June 11 – 14 in Grapevine, Texas at the Gaylord Texan Resort & Convention Center.

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