What Is An Acceptable Level Of Charge-Offs?

Published on:
12 September 2006 at 10:21 a.m. ET

Written by: Unknown Author –

http://www.insidearm.com/news/00001809-what-is-an-acceptable-level-of-charge-off/

by Mike Bevel, CollectionIndustry.com

To get some insight into what is and is not an acceptable loss in the Rent-to-Own world (and in the interest of transparency, this reporter in his younger years represented a fairly unacceptable loss to one not-to-be-named rent-to-own company in Portland, OR, when he someone tried to play a beer-soaked CD in the not-really-owned stereo system), you might check out Dan Jobrack?s thoughts on the matter.

Jobrack is the National Director, Business Development Fidelity National Credit Services, Ltd. (FNCS), and his piece can be found at RTOonline.com.