RMAi Blog

SEPTEMBER 13, 2024

California SB 1286 – This bill would expand the scope of the Rosenthal Fair Debt Collection Practices Act to prohibit debt collectors from engaging in unfair or deceptive acts or practices in the collection of commercial debts owed by a natural person of $500,000 or less that were entered into, renewed, sold, or assigned on or after July 1, 2025.

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Collector Law Firms Credit and Collections Debt Collections 130

RMAi Blog

MARCH 14, 2023

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.

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Collector Law Firms Credit and Collections Debt Collections 100

Gaviti

SEPTEMBER 6, 2023

Cash Application: A New Era of Accuracy and Efficiency As Gaviti is a platform built by collectors for collectors, we understand the challenges that come with manual cash application processes – the potential for errors, time-consuming matching tasks, and the overall drain on resources. Want to learn more about Gaviti Cash Application?

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RMAi Blog

APRIL 12, 2023

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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Law Firms Collector Credit and Collections Default 100

RMAi Blog

DECEMBER 13, 2024

Court of Appeals for the Sixth Circuit began by noting that a debt collector violates the FDCPA if it threatens to take legal action against a time-barred debt. Recorded Webinars Recorded on December 12 2024, register for Understanding Buy Now, Pay Later (BNPL): Trends, Consumer Insights, and Lender Strategies.

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Credit and Collections Debt Collections Credit Reporting Agencies Collector 130

billtrust

DECEMBER 20, 2022

Automation brings B2B opportunities for B2B transactions. She recently was a guest speaker at a Billtrust webinar where the discussion focused on the most pressing cash application challenges burdening AR departments. Credit remains tied up, and collectors are unaware. Share with your network: Mail. What you’ll learn.

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AR Automation Digital Lockbox Cash Applicator Collector 52

FICO Blog

JANUARY 18, 2023

This frees up human collectors to spend more time with customers in forbearance situations that require empathy and consultation. A mass of digital solutions and fintech innovations offering real-time Open Banking data alongside transactional insight into customer affordability and vulnerability are being touted to Tier-1 lenders.

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