[IUG] Article from New York Times on Overdue Fines and Credit Ratings

["Seeman, Corey" <cseeman at bus dot umich dot edu>]

This is an interesting article that ran in the New York Time yesterday morning:
 
http://tinyurl.com/229mk6 <http://tinyurl.com/229mk6> 
 
New York Region
Late Library Books Can Take Toll on Credit Scores
By ANNE BARNARD and JO CRAVEN McGINTY
Published: December 26, 2007
The Queens Library system often flexes its muscles in collecting overdue books and late fees.
 
Much of the article revolves around Unique Management - a collection agency that partners with many Innovative customers.  Just some nice food for thought.  
 
The funny thing is that now that more and more libraries offer courtesy notices, I wonder if the amounts collected will go down.  That would be interesting for libraries that have these notices implemented to see if it has had an impact on dues collected.
 
Best for the holidays.
 
Corey
 
 
 
 
 
Corey Seeman
Director
Kresge Business Administration Library
Ross School of Business
The University of Michigan
cseeman at umich dot edu
(734) 764-9969
(734) 717-9734 (cell)
(734) 764-3839 (fax)
 
Kresge Library Home Page: http://www.bus.umich.edu/kresgelibrary/ <http://www.bus.umich.edu/kresgelibrary/> 
My home page: http://www-personal.umich.edu/~cseeman/index.html <http://www-personal.umich.edu/~cseeman/index.html> 
 
 


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