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RMAI Update April 2023

RMAi Blog

Nevada AB 223 – This bill would require debt collectors to provide a payoff letter within 10-days of a consumer request. New York AB 1035 – This bill would prohibit debt collectors from communicating with consumers through the use of email, text messaging, or private communication tools offered by social media companies. NPAS, Inc. ,

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RMAI Update January 2023

RMAi Blog

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. There, the plaintiff sued after a debt collector used letter vendor to send a collection letter.

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Navigating the Cost-of-Living Crisis: Challenges and Innovations in UK Lending 

Collenda

Building upon the Tailored Support Guidelines (TSG) introduced during the Covid-19 pandemic, the FCA aims for these measures to be an enduring element of a lender or debt collector’s Consumer Duty. Lenders are asked to extend support not only to those already in arrears but also to customers at risk of payment difficulties.

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15 Hobbies That Can Boost Your Income

Due

For photography journalism features, magazines and publications pay thousands of dollars. Your travel photos can be sold to stock photo agencies, travel magazines, or websites if you have a knack for photography. Selling Collectors Items In addition to being a fun and rewarding hobby, collecting collectibles can also boost your income.

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RMAI Update March 2025

RMAi Blog

However, federal courts in Wisconsin have held that consumers can seek damages under the FDCPA against debt collectors that file collection actions when no right-to-cure notice was provided. Relying on the representations of the creditor, the debt collector reported the consumers account to the CRAs as undisputed. See Bahena , 363 F.

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RMAI Update January 2025

RMAi Blog

2025 Webinar Programming Register for our February 4th webinar, Innovation and Future Trends in the Accounts Receivable Management Industry, sponsored by Collectors Insurance Agency, Inc. Read more about the Legislative Fund. Register for our March 5 th webinar on AI & Fraud brought to you by the Affiliate Advisory Council.