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We offer the below services for ALL accounts placed for collections

State-of-the-Art skip tracing
Credit reporting to all Major Credit Reporting agencies
Staff Attorneys
Monthly Remittance and Status Reports
Licensed with the Louisiana Office of Financial institutions
Servicing our Louisiana clients since 1986



Losing $$$ because of unpaid accounts?

The world of non performing account receivable collections requires expertise in many different areas. But none of those areas has a greater effecct on your bottom line than the collection of your accounts.

Established in 1986, Alco Collections, Inc.'s staff has many years of experience in the collection business. We can effectively process accounts from small to large volume providers at a competitive rate.

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  3/4/2013

Malta's Socialists eye first election win in 16 years

Labour Party and Opposition leader Muscat and PM and Nationalist Party leader Gonzi shake hands at end of political leaders debate in St Julian'sVALLETTA (Reuters) - Malta's opposition Socialists appear set for their first election victory in more than 16 years on Saturday, capitalizing on popular anger at ministerial pay rises, high power prices and an oil kickbacks scandal. The ruling Nationalist Party took the Mediterranean island into the European Union in 2004 and says it deserves to be re-elected for making Malta the second-best performing euro zone economy. Newspaper opinion polls show Labour ahead by 11 percent, enough for a landslide by Maltese standards. ...




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  3/4/2013

Stocks edge lower after Chinese market slides

Stock trader Thomas Lyden works at the New York Stock Exchange, Monday, March 4, 2013 in New York. Uncertainty over the outcome of a budget battle in Washington pushed world stock markets lower on Monday. (AP Photo/Mark Lennihan)NEW YORK (AP) — Stocks edged lower on Wall Street Monday after the Chinese government announced new steps to cool the booming housing market in the world's second-largest economy.




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  3/4/2013

Firm buys site of stalled Vegas Strip project
LAS VEGAS (AP) — A Malaysian conglomerate said Monday it will break ground next year on a project that could breathe new economic life into a tired stretch of the Las Vegas Strip where work has stalled during the recession.

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  3/4/2013

Wall Street edges lower on growth worries; market takes a breather

Traders work on the floor of the New York Stock ExchangeNEW YORK (Reuters) - Wall Street edged lower on Monday as renewed concerns about China's housing market and its economic growth pressured industrial and materials stocks. Ongoing concerns about "automatic" budget cuts in the U.S. and the euro zone debt crisis also served as reasons for investors to take a breather from equities that have risen near record highs. Stocks faced technical resistance as they climbed in recent weeks without a significant or prolonged pullback. The S&P and Dow are up more than 6 percent and 7 percent, respectively, for the year so far. ...




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  3/4/2013

US budget impasse weighs on markets

An investor gestures at a private securities company on Monday March 4, 2013 in Shanghai, China. Uncertainty about the outcome of a budget battle in Washington pushed Asian stock markets lower on Monday. (AP Photo/Eugene Hoshiko)LONDON (AP) — Uncertainty over a budget battle in Washington and the stability of China's housing market pushed world stock markets lower on Monday.




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  3/4/2013

British banks cut lending despite Bank of England largesse

Pedestrians walk past the Bank of England in the City of LondonLONDON (Reuters) - The Bank of England's flagship plan to boost lending failed to stop a decline in bank loans late last year, adding to pressure on the central bank provide alternative economic stimulus. Britain's Funding for Lending Scheme (FLS) was launched by the central bank and finance ministry last June to aid growth by offering banks cheap funds if they stepped up lending to home-buyers and small and medium-sized businesses. ...




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  3/4/2013

Greece, in trouble elsewhere, boosts cooperation with Turkey

Greece's PM Samaras shakes hands with his Turkish counterpart Erdogan before meeting in IstanbulISTANBUL (Reuters) - Beset by economic crisis at home, Greece took a symbolic step towards improving relations with long-time arch rival Turkey on Monday by pledging to double annual trade with its eastern neighbor over the next three years. Greek Prime Minister Antonis Samaras, on his first visit to Turkey since winning power in June, met his Turkish counterpart Tayyip Erdogan in Istanbul and signed deals on issues from agriculture to disaster relief. They set a target of $10 billion in annual trade by 2015. ...




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  3/4/2013

Striking Iberia workers protest against job cuts

Iberia employees protest in Terminal 4 of Barajas airport during an Iberia strike in MadridMADRID/LONDON (Reuters) - Thousands of workers facing pay and job cuts at loss-making Spanish airline Iberia on Monday staged a second wave of protests that could ground nearly 1,300 flights this week. Iberia, part of International Airlines Group , is battling competition from low-cost airlines and high-speed trains as well as a deep recession in Spain, where one in four workers is without a job. The strikes are a blow to Spain's tourist-dependent economy as it gears up for the spring and summer season. Tourism contributes about 11 percent to the country's economy. ...




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  3/4/2013

Stocks little changed after Chinese market slides

Stock trader Thomas Lyden works at the New York Stock Exchange, Monday, March 4, 2013 in New York. Uncertainty over the outcome of a budget battle in Washington pushed world stock markets lower on Monday. (AP Photo/Mark Lennihan)NEW YORK (AP) — Stocks were little changed on Wall Street Monday after the Chinese government announced new steps to cool the booming housing market in the world's second-largest economy.




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  3/4/2013

Lebanon GDP growth hampered by Syria conflict: minister
NEW YORK (Reuters) - Lebanon's small, open economy is not expected to grow particularly fast in 2013 due to uncertainty caused by sectarian violence in neighboring Syria, economy and trade minister Nicolas Nahas said on Monday. "GDP (gross domestic product) is $40 billion. Due to the Syria crisis and the effect on the (Lebanese) tourism sector, I think we get 2 percent growth in 2012," Nahas said in an interview with Reuters. ...

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  3/4/2013

South Africa stocks skid as retailers thumped again

A man walks past the Johannesburg Stock Exchange building in SandtonJOHANNESBURG (Reuters) - Johannesburg shares dropped nearly 1 percent on Monday, with retailers including Mr Price hit on worries of a slowdown in consumer spending, while Exxaro Resources was squeezed after China took steps to curb its property market. After a series of record highs through much of last year, South African stocks have stumbled in 2013, with Mr Price, Shoprite and other discount retailers coming under some of the biggest pressure. Investors are concerned retailers may have little room for growth, especially as consumers in Africa's top economy look over-stretched. ...




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  3/4/2013

German car sales plunge as Europe's auto crisis deepens

Welding robots are seen in a production line of the Golf VII car at the plant of German carmaker Volkswagen in WolfsburgGENEVA (Reuters) - New car sales in Germany fell by more than 10 percent year-on-year in February, signaling the crisis for Europe's auto makers is deepening as recession-hit consumers curb spending. The data, which comes as executives gather for Wednesday's opening of the Geneva Car Show, follows an 8.5 percent decline in new car registrations in Europe's largest economy in January. Demand for cars in Europe has been hit hard as disposable incomes have been squeezed by rising prices, subdued wages and government austerity measures. New car sales in the region dropped to a 17-year low in 2012. ...




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  3/4/2013

TSX lower as miners, banks weighs; TransCanada up

Toronto Stock Exchange logo is seen in TorontoTORONTO (Reuters) - Canada's main stock index fell on Monday, hurt by slips in heavyweight banking and mining stocks as global economic worries returned to the fore, while TransCanada Corp rose after a positive environmental report about a contentious pipeline project. Political stalemate in Italy and China's plans for tighter controls on its property sector added to concern about slower global growth, which in turn hurt Canada's resource-rich index. ...




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  3/4/2013

Yellen says aggressive Fed stimulus still needed

U.S. Federal Reserve Vice Chair Yellen speaks at AFL-CIO in WashingtonWASHINGTON (Reuters) - Janet Yellen, the Federal Reserve's influential vice chair, said on Monday the U.S. central bank's aggressive monetary stimulus is warranted given how far the economy was operating below its full potential. Downplaying the potential costs of the Fed's unconventional easing efforts, which currently include $85 billion in monthly asset purchases, Yellen highlighted the dangers of a prolonged period of economic malaise. ...




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  3/4/2013

Stocks open lower on Wall Street; Hess advances

In this Monday, Feb. 25, 2013, photo, Trader Edward Curran, left, works on the floor of the New York Stock Exchange. Uncertainty over the outcome of a budget battle in Washington pushed world stock markets lower on Monday March 4, 2013. (AP Photo/Richard Drew)NEW YORK (AP) — Stocks opened lower on Wall Street after the Chinese government announced new steps to cool the booming housing market in the world's second-largest economy.




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  3/4/2013

Tanzania seeks $100 mln World Bank loan for emergency power

A man walks past electricity pylons as he returns from work in Soweto, outside JohannesburgDAR ES SALAAM (Reuters) - Tanzania is seeking a $100 million loan from the World Bank for emergency electricity generation after low water levels hurt output at hydropower stations in east Africa's second-biggest economy, a senior official said on Monday. State-run power monopoly TANESCO last year negotiated a syndicated loan of 408 billion shillings from a consortium of banks led by Citibank and has received part of the funds. The power utility is awaiting the completion of a pipeline that would allow cheaper gas-based production. ...




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  3/4/2013

Nigerian naira hits 5-week high vs dollar

A money dealer counts the Nigerian naira on a machine in his office in the commercial capital of LagosLAGOS (Reuters) - Nigeria's naira currency rose to a five week high against the U.S dollar on the interbank market on Monday, spurred by dollar sales by state-owned energy company NNPC and two other oil multinational firms, traders said. The naira closed at 157.32 to the dollar on the interbank, firmer than the 158.10 to the dollar it closed at on Friday. The currency of Africa's second biggest economy was last seen at this level on January 28, when it closed at 157.15 to the dollar. Traders said the NNPC sold about $400 million, Chevron sold $126. ...




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  3/4/2013

US government spending cuts weigh on oil prices
The price of oil hovered below $91 a barrel on Monday as markets continued to digest the introduction in the U.S. of automatic government spending cuts which could hurt the world's leading economy.

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  3/4/2013

S.Africa has room to ease interest rates further: OECD

South African Reserve Bank Governor Gill Marcus smiles as she shows off South Africa's new banknotes before conducting the first transaction in PretoriaJOHANNESBURG (Reuters) - South Africa has room to ease monetary policy further to help boost growth, the Organisation for Economic Co-operation and Development said in a report released on Monday. "With core inflation remaining well contained, monetary policy has been eased cautiously but not by enough to prevent an increasing degree of slack in the economy," the Paris-based group said. The South African Reserve Bank has kept the benchmark repo rate at 5. ...




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  3/4/2013

Keller Group sees U.S. budget cuts slowing down growth
(Reuters) - British construction company Keller Group Plc's full-year profit nearly doubled as home building picked up in the United States, but the company said it expected spending cuts to slow down growth in the key market. There is uncertainty in the U.S. construction market as a second round of budget cuts, or "sequestration", hit the country's economy last week. "I would not expect the revenue growth (in North America) to be as strong as it was in 2012 or 2011," Keller Chief Executive Justin Atkinson said. ...

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  3/4/2013

Analysis: Spoonful of reforms helps Latin America capital flows go down

Mexico's central bank governor Carstens speaks during Monetary Authority of Singapore lecture in SingaporeMEXICO CITY (Reuters) - Bumper capital inflows to Latin America are putting the spotlight on shock-proofing policies to help economies digest the rush of investment - and guard against the inevitable exit. Foreign investment inflows to Latin America were more than $280 billion in 2012, according to balance of payment data from countries covering 75 percent of the region's economic output, similar to the flows registered in 2011 as low interest rates in developed economies pushed investors to seek returns elsewhere. ...




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  3/4/2013

Chronology: Key economic moments in Rousseff's presidency
(Reuters) - Brazil's left-leaning President Dilma Rousseff has had a mixed relationship with the private sector since she took office on New Year's Day in 2011, with an economy that has struggled after a boom last decade. Following are some key economic moments in Rousseff's presidency: JAN. 2, 2011 A day after taking the presidential sash from her popular predecessor and mentor, Luiz Inacio Lula da Silva, Rousseff quickly makes clear her government will be less tied to leftist ideas in some areas. ...

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  3/4/2013

Factbox: Five big decisions facing Brazil's Rousseff
(Reuters) - Just past the mid-point in her first term, Brazilian President Dilma Rousseff faces several difficult economic and political decisions that will define the rest of her presidency: 1) GO FOR DEEPER TAX REFORM? Rousseff has acknowledged the need to overhaul Brazil's tax system, which is considered by the World Bank to be the world's most complex. But she has so far opted for targeted tax cuts - in part because she doesn't think she can push a broader reform through Congress and its 24 squabbling political parties. ...

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  3/4/2013

Insight: Brazil's leftist president fights to win back business

Brazil's President Dilma Rousseff reacts during a meeting of the National Council for Scientific and Technological Development at the Planalto Palace in BrasiliaBRASILIA (Reuters) - The conversations with Brazil's top business leaders often last two hours, and up to four. President Dilma Rousseff asks detailed questions but otherwise listens intently, staring back with an inscrutable frown that occasionally unnerves her guests. There is talk of investments, and the need for shared prosperity - a favorite topic of Rousseff's. But in these meetings, the conversation inevitably comes back to the severe bottlenecks that have brought the economy back to earth after a historic boom last decade. ...




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  3/4/2013

BOJ nominee Kuroda sets out aggressive policy ideas

Light is cast on Japanese 10,000 yen notes in Tokyo, in this picture illustrationTOKYO (Reuters) - The Japan government's nominee to be the next central bank governor outlined more forceful policy prescriptions on Monday to finally defeat deflation, saying he would not set any limits on the amount of cash the Bank of Japan pumps into the economy. Underlining expectations he would be an aggressive governor, Haruhiko Kuroda told lawmakers the BOJ's current policies were not powerful enough to boost inflation to 2 percent, a target he said the central bank should strive to achieve in two years. ...




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Welcome to Alco Collections!

Alco Collections is committed to serve the cash management needs of businesses. Quality and Value are instilled in each transaction and within each established relationship.

We will continue to nurture and develop customer relationships in order to position itself as a leader in the credit and collection profession.

While collecting past due accounts is our business, helping people solve their financial problems is our commitment. People on our staff are experienced in credit and collections and are able to assist customers with credit issues.

Choosing a professional collection service to manage your delinquent accounts and other related tasks can be a wise decision, but where do you start? You want an agency that will represent your organization in a responsible and professional manner, and one that provides a satisfactory rate of recovery while maintaining your public image. This decision involves more than just giving your business to the lowest bidder - it requires careful consideration.




The current competition among collection services is good for you as the client. This competition contributes to a more professional and efficient industry. By carefully evaluating your company's needs, as well as the capabilities of the collection services available, you can maximize your accounts receivable income and ensure that your customers are handled properly.

Careful selection of a third party collection agency strengthens your bottom line and helps you to retain customers, leading to a more profitable business
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