Photo: Getty Due to technology, operating a debt collection business from home has become easier than ever before. Modern communication tools allow contact with clients and receipt and storage of data and files without hefty mail and travel expenses. However, … Continue reading →
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A recent survey carried out in the UK has highlighted that about 27,000 million adults in the country have been dealing with debt problems on various grounds. And out of this total population, more than 5 million adults in the … Continue reading →
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In some ways, having no credit can be just as bad as having poor credit. We all know that having a low credit score can make it difficult to borrow money, whether in the form of a new credit card, … Continue reading →
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Legislation approved in Congress this week as part of a package of bills, H.R. 3621, the Comprehensive CREDIT Act of 2020, could impact options to communicate with consumers about medical bills and ACA International has extended its advocacy on these … Continue reading →
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THE HSE spent €10,000 on debt collection services at Letterkenny University Hospital (LUH) last year to recoup outstanding patient fees. The Donegal News obtained the figures through a Freedom of Information request from the Hospital’s Finance Department. The use of … Continue reading →
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Debt collector Client Services Inc. violated federal law by failing to identify the name of the creditors to whom the debts were owed in letters sent to a class of Wisconsin debtors who received substantially identical notices from the company, … Continue reading →
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Americans’ credit scores continue to improve. But credit scores don’t tell the whole story of how consumers are faring financially. A new report from Experian EXPN, +1.25% found that the average FICO Score in the U.S. reached an all-time high … Continue reading →
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You may be thinking of an effective way to try and regain a percentage of money owed to you. After you’ve sent friendly reminders, a letter of demand and informal negotiations, to name a few, you may want to consider … Continue reading →
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By Mark Neeb Wow, what a whirlwind 2019 was! Dominating the headlines for much of the year were the Consumer Financial Protection Bureau’s proposed debt collection rulemaking; the Federal Communications Commission’s declaratory ruling relating to robocalls; the TRACED Act robocall … Continue reading →
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2019 was a banner year for advocacy and legal accomplishments in the accounts receivable management industry and landmark news such as the release of the Consumer Financial Protection Bureau’s proposed debt collection rule, U.S. Supreme Court decisions on the Fair … Continue reading →
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