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Welcome. International Debt Collection For Montana State University . Because Money Knows No Boundaries. Agenda. Rise in International Students. Understanding the International Student. Challenges - Weaknesses – Threats. A Global Effective Solution . Who is the TCM Group?.

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Welcome

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  1. Welcome

  2. International Debt Collection For Montana State University Because Money Knows No Boundaries

  3. Agenda Rise in International Students Understanding the International Student • Challenges - Weaknesses – Threats • A Global Effective Solution • Who is the TCM Group? • Questions & Answers Next Steps

  4. Rise in International Students

  5. Default Rates On the Rise Understanding the International Student

  6. Primary Sources of Funding Understanding the International Student

  7. Where are they now? Understanding the International Student F1 Visa status H1B Visa status Dual Citizenship Students Permanent Resident Aliens OR

  8. International Students Going Back Home Understanding the International Student

  9. Understanding the International Student International Students Struggle to Find Jobs in U.S. Prospects for employment in U.S. stagnate despite economic recovery Cornell University reports that international students attending the university are steadily increasing every year but students are struggling to get off-campus jobs. “Now, it’s easier for students to get visas, but it’s harder for them to find jobs,” said Rebecca Sparrow, executive director of Cornell Career Services. “During a time of high unemployment, international students have an even more difficult time than U.S. students, just because if a company can avoid any kind of uncertainty or avoid the additional expense, they often do,” said Brendan O’Brien, director of the ISSO. FEBRUARY 15, 2012BY MARGARET YODER http://www.cornellsun.com/section/news/content/2012/02/15/international-students-struggle-find-jobs-us

  10. Top Sending Countries to USA Understanding the International Student

  11. International Students: Fields of Study Understanding the International Student

  12. Challenges, Weaknesses, & Threats • Do not focus or segment the international student collection process • Communication barriers • Limited resources to locate • Limited knowledge of local environment (socioeconomics, religion, culture, political, etc.) • Lack Ability to work around differing time zones • DO NOT ADHERE TO LOCAL COMPLIANCE

  13. Current Model Solutions • Traditional agencies using in house or just call centers contacting students overseas. • Working with many agencies overseas in individual countries. • Doing nothing to cure intl. student debt. • TCM Group Solution.

  14. Compliance Challenges, Weaknesses, & Threats

  15. A Global Effective Solution • A network of local specialists • Understanding the debtors language, the local laws • One domestic contact point • Understanding your language, your business • Agencies working together, jointly invested

  16. LOCAL SKIP TRACING A Global Effective Solution • Efficiency with Locating Foreign Accounts • Local skip tracing services provide a whole new dimension of efficiency when collecting foreign debts. Claims without telephone numbers or current addresses are no longer road blocks. • Effective Localized Skip Technology • Local offices utilize techniques privileged to their local region in order to effectively locate your skipped claims.

  17. A Global Effective Solution LOCAL LITIGATION CAPABILITIES • The student is able but unwilling to pay and all pre-legal collection efforts have been exhausted. • What’s next? • At the university’s option, our local office may obtain an enforceable judgment against the student. A refusal to pay does not end our efforts to collect monies owed to our clients.

  18. A Global Effective Solution All made available directly to you -instantly. ONLINE REAL-TIME ACCESS Update! Account paid in full Update! Debtor filed bankruptcy Update! Dispute resolution Update! Payment received Global debt collection solutions accompanied by instant client access and complete transparency.

  19. A Global Effective Solution SCREEN SHOTS Global debt collection solutions accompanied by instant client access and complete transparency.

  20. Who is the TCM Group? • TCM USA = Cedar Financial • Worldwide Debt Recovery • Over 100 countries under one umbrella • Exclusive and thoroughly vetted

  21. Who is the TCM Group? • Our Strengths • Continuing Education (Cedar University) • All TCM Group Members sign a strict code ethics • Pre Collections Services (30 days) – Domestic • Strong knowledge of the education vertical • Have high end university clients • Positive feedback from current Customers/good reputation

  22. Uniqueness = Results Who is the TCM Group? $ $ $ $ $ $ $ $ Product /Services

  23. Questions & Next Steps ??? • Next Steps Questions

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