RMAi Blog

FEBRUARY 3, 2023

The California Department of Financial Protection and Innovation (DFPI) is currently soliciting applications for the 7-member Debt Collection Advisory Committee for the 2023-25 term. Owner, corporate officer or senior-level employees of debt collector licensees or applicants. Small and large agencies.

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Third Party Collections Debt Collections Law Firms Collector 100

Eastern Credit Management Services

OCTOBER 3, 2023

When it comes to debt collection, businesses are faced with a critical decision. Should they handle it in-house or outsource it to a professional debt collection agency like Eastern Credit Management Services (ECMS)? Resource Efficiency: Outsourcing debt collection saves your company time, manpower, and resources.

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Debt Collections Third Party Collections Collector Credit and Collections 52

CreditStrong for Business

AUGUST 27, 2024

Credit Karma describes charge-offs as unpaid debts that a creditor (lender) has “given up” trying to recover from the borrower. Here, lenders formally stop any direct debt collection efforts and often sell the old debt to third-party debt collectors or collections agency companies.

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Collector Credit Reporting Agencies Credit Scoring Third Party Collections 52