2025 Collector Credit and Collections 
RMAi Blog
SEPTEMBER 25, 2024
The bill also prohibits using any medical debt listed on a credit report as a negative factor when making credit decisions and gives individuals more room to address their medical bills before debt collection and reporting actions can take place. This bill will be effective on January 1, 2025.
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.”
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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 ).
Gaviti
FEBRUARY 18, 2024
Even with the most streamlined and automated A/R management process and B2B collections best practices , customers don’t always pay on time. At this point, your business should move from handling the invoice in-house to managing it through one of the debt collection outsourcing services listed below. billion by 2025 in the U.S.
billtrust
DECEMBER 20, 2022
By 2025, over 50% of the global midmarket and large enterprises will have deployed AP portals, according to Gartner. Customers pay with paper checks or through electronic payment sources such as ACH, (virtual) credit cards, SEPA, accounts payables portals, etc. Credit remains tied up, and collectors are unaware.
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