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In such an ideal scenario, every customer would have both the ability and the integrity to pay their bills in full and on time, eliminating any need for a creditmanagement. The pressure is on for executives with credit responsibilities to navigate this ever-expanding minefield with precision and foresight.
New York SB 5010 – This bill would expunge all debt associated with consumer credit transactions at the expiration of the statute of limitations. RMAI has retained lobbyists in multiple states, including California, New York, Nevada, Colorado, Massachusetts and Wyoming, and will secure a lobbyist for Oregon due to Oregon HB 2008.
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