RMAi Blog

JANUARY 9, 2023

Middleboro, MA, January 9, 2023 – Action Collection Agencies, Inc. O’Brien as its Executive Vice President/Chief Operations Officer overseeing the operations of its first and third party collections services. “I Established in 1967, Action Collection Agencies, Inc. The post Action Collection Agencies, Inc.

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Third Party Collections Debt Collections 130

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. Diversity of backgrounds and experiences.

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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

Your Virtual Credit Manager

MARCH 19, 2024

When an unresponsive customer reaches 90 to 120 days past due, you should consider sending a final demand letter and then turning the account over to a third-party collection agency. Going forward, you should treat them as a new customer, but in the meantime, you still need to collect any existing debt.

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Bulk Transfer Credit and Collections Bankruptcy Accounts Receivable (AR) 100

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