Credit and Collection Consortium off to a great start

Houston, TX


The first credit and collection consortium had a good start last week, meeting the goals set forth by its organizers. Credit and Collection News put together the consortium as a follow up to their annual conference held in Palm Desert, CA last April. The Consortium, an idea by Bob DiGennaro formerly of GE Money, was designed as a forum to help the credit and collections industry become more proactive.


Some of the topics discussed were: future technologies for the industry, legislative issues affecting the industry, and specific tools and services that can help move the industry to the next level. The Consortium’s initial attendees included credit grantors, collection agencies, collection attorneys and debt buyers. Some of the more notable attendees included, American Express, US Bank, Nissan Motor Credit, GE Money and Capital One.


“Our primary goal was achieved in this meeting,” said Steve Ruderman, President of Credit and Collection News. “We put together major players from each side of the financial industry to discuss the future of our industry and we had great input and lively discussions on each topic” When asked as a group if the consortium met its goals, most responded positively and said that it was a good start. Most attendees said they were looking forward to how the consortium could impact the industry in the future.


The next Consortium meeting will be in April at the Credit and Collection News conference in Palm Desert. The consortium will be mixed into the full CCN conference’s agenda, which should help it grow and brings in more participants. The Consortium’s goal is to meet twice a year, once as part of the CCN show and once as an independent meeting focusing again on important legislative issues and future needs of the industry.


For more information on either the Consortium or the CCN show please contact Credit and Collection News @ 760-438-1741 or visit .