We occasionally highlight information about collection agencies and others in consumer finance to assist consumers with their research. When we highlight a company, we allege nothing about the company’s practices. Instead, we just provide basic information about the company.
Academy Collection Service, Inc. agreed in 2008 to pay a $2.25 million penalty to settle allegations against it by the Federal Trade Commission (“FTC”). Here is a link to an FTC press release –
The corporation was created in 1976. Apparently, after the FTC settlement, the corporation changed its name to Monarch Recovery Management, Inc. If you have any information which would help consumers, please post a response here.