News Article

Conferences and Seminars

DCA of the Year shortlist announced today

By CreditMan Monday, November 5, 2007

The Debt Collection Agency (DCA) of the Year awards 2007, the inaugural awards scheme to recognise best practice in the debt collection and purchase industry, has announced the final shortlist. Winners will be announced at the ceremony hosted by comedian Ed Byrne at the Hilton Metropole, Birmingham, on 28 November.

Steve Wrench, Head of Debt Management at Virgin Media and co-chair judge of the awards said, “The companies that have reached the final stages have ticked all the boxes of the judging criteria and have displayed a responsible approach to debt collection and adherence to best practice. We saw some superb submissions, and it was good to see so many testimonials from their key creditor clients. It will be very hard to choose the winners, they should be very proud of their efforts.”

The finalists will now be judged by the panel of eight key industry players and respected authorities.

Kelly Stanley, spokesperson for Credit Today commented, “The quality of nominations has been impressive and the short listed companies will provide a tough choice for the judges. It is easy to scapegoat all debt collection agencies as the bad boys of the credit process. We look forward to redressing the balance by providing a showcase of best practice, responsible collections and focus on customer satisfaction - highlighting these achievements at the inaugural awards ceremony this month.”

Staged in association with Credit Today, ‘The DCA of the Year awards 2007,’ will be held during a gala celebration dinner, part of the two-day Collections / Debt Sale & Purchase conference and training session for professionals in the world of debt sale, purchase, collections and recoveries.

This is the first year for the ‘The DCA of the Year awards 2007,’ which will set the standard for professional excellence and best practice in debt collection and purchase.

The shortlist is as follows:

Consumer DCA of the year < £2m (for agencies with less than £2m turnover)
* Advantis Credit
* Improved Financial Solutions
* Rossendales Collect
* Vilcol

Consumer DCA of the Year > £2m (for agencies with more than £2m turnover)
* Credit Solutions
* Direct Legal & Collections
* Inter-Credit International
* IQor
* Philips Collections Services

Commercial DCA of the Year
* Close Credit Management
* Improved Financial Solutions
* Inter-Credit International
* Sovereign Credit Management

Debt Purchaser of the Year
* Arrow Global
* Cabot Financial Europe
* Lewis Group
* Lowell Group
* Robinson Way

The judging panel for the awards consist of:

· Debbie Affleck, Credit Manager – Managed Services, Wholesale Finance, British Telecom
· Peter Cairns, Residential Debt Collection Agency Manager, Npower
· Lyndsey Duff, Debt Sale Vendor Manager, UK recoveries, Capital One
· Carol Freeland, Chairman, ACA’s Asset Buying Division;
· Heather Greig-Smith, Editor, Credit Today
· Malcolm Hurlston, Chairman, Foundation For Credit Counselling, Consumer Credit Counselling Service
· Kamala Panday, Publisher, Credit Today
· Steve Wrench, Head of Debt Management, Virgin Media

For more information please visit or call 020 7940 4835

For information on The Debt Collection Agency of the Year awards 2007 please contact Kelly Stanley, Credit Today, 020 7940 4835,