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Florida-based PSCU buys CU Recovery, The Loan Service Center

PSCU Inc. a St. Petersburg, Fla.-based credit union service organization — acquired CU Recovery and The Loan Service Center.

CU Recovery handles post charge-off accounts and is a full-service collection agency, while The Loan Service Center is a first-party collection company. Both of the acquired businesses will become wholly owned subsidiaries of PSCU.