RMAi Blog

AUGUST 14, 2024

The bill would broadly define medical debt to mean “a debt related to, in whole or in part, a transaction, account, or balance arising from a medical service, product, or device.” The plaintiff financial institution reimbursed its customers for the unauthorized transactions as mandated by the federal Electronic Fund Transfer Act (EFTA).

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Fundera

MARCH 5, 2019

With a fixed recurring payment, a customer is charged the same amount every time, as is the case with a magazine subscription or gym membership. The issuing bank checks to ensure that the transaction isn’t fraudulent and the funds are available in the customer’s account. transaction fee. How to Set Up Recurring Payments.

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Credit and Collections Dashboards Transactions Credit Card Payments 72

RMAi Blog

APRIL 12, 2023

New York SB 4750 – This bill would expand the scope of the 2021 Consumer Credit Fairness Act (CCFA) by replacing the term “consumer credit transaction” with “consumer debt” and thereby bringing debt such as medical and utility under the scope of the CCFA’s litigation requirements.

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