2014 Collector Credit and Collections 
RMAi Blog
SEPTEMBER 13, 2024
On September 5, 2024 the CFPB issued its annual Fair Debt Collection Practices Act report. The report stated that the CFPB received approximately 109,900 debt collection complaints in 2023. The number one complaint type was “attempts to collect debt not owed.”
RMAi Blog
OCTOBER 14, 2024
In This Update Earlier this month, the CFPB issued an Advisory Opinion reminding debt collectors of their obligation to comply with the Fair Debt Collection Practices Act and Reg F’s prohibitions on false, deceptive, or misleading representations in the collection of medical debt (see RMAI’s October 4, 2024 Member Alert ).
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JSP Credit Management
FEBRUARY 3, 2022
As a leader in business to business debt collection services, we’ve been asked to share our insights into the size and scope of the b2b debt collection industry. After the 2008 recession, businesses began to rely less on traditional credit lines and more on factoring and accounts receivables. billion by 2022.
Fundera
MAY 25, 2017
New business owners especially often have to rely on their personal access to credit in order to finance the beginning stages of their business operations. Fortunately, some changes coming down the pipeline could positively affect millions of Americans’ credit scores. How the NCAP Standards Will Affect Your Credit Score.
RMAi Blog
JANUARY 13, 2023
Here are some recently introduced bills that might be of interest: New York SB 171 – This bill would create a private right of action against originating creditors and debt collectors for a violation of the Debt Collection Procedures Act. Prof’l Bureau of Collections of Md., 4th 823 (10th Cir. 4th 1236, 1240 (11th Cir.
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