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Tag Archives: debt collection

School district getting into debt collection business

The North Pike School District is looking into getting into the debt collection business as a means of earning revenue for its proposed building expansion project. The Enterprise-Journal reports the Board of Trustees has authorized Superintendent Dennis Penton to advertise to buy debt from municipalities and other school districts. As a debt collector, Penton says North Pike will profit from ...

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Debt collector, law firm settles FTC charges

OXFORD — A debt buyer and debt collection law firm based in Mississippi have agreed to pay nearly $800,000 to settle Federal Trade Commission charges they misled consumers into paying unnecessary fees and falsely threatened them with lawsuits. The FTC said debt buyer Security Credit Services, LLC and Jacob Law Group, PLLC charged consumers nationwide a fee for payments authorized ...

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Security Card Services looking to make acquisitions

OXFORD — Security Card Services, LLC, a provider of merchant services to community banks across the United States, recently engaged Preston Todd Advisors to identify merchant processing businesses for potential acquisition. “Preston Todd Advisors came highly recommended to us. Their expertise in deal origination and buy-side consulting services is well established in the payments and payments technology sectors. We are ...

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