The Certification Council is proposing edits to the Receivables Management Certification Program (RMCP). The Council is required to perform a review of certification program standards at least annually to ensure the program reflects “evolving industry best practices, input from key stakeholders and communities of interest, areas of Council concern, and recent regulatory and statutory changes.”
The […]
Colorado SB 216, a legislative proposal negotiated by RMA, consumer advocates, and other industry participants, was sent to the Governor earlier this week after having passed both houses of the Legislature. The adoption of this bill was necessary to prevent the repeal of the Colorado Fair Debt Collection Practices Act and the state’s licensing of […]
In a 5-3 decision handed down today, the U.S. Supreme Court held that the federal Fair Debt Collection Practices Act (FDCPA) is not violated when a debt collector files a proof of claim for a debt subject to the bar of an expired limitations period. The decision:
Receivables Management Association International (RMA) is pleased to announce that revised member logos are now available to RMA members. Many RMA members feature the membership logo on their website, email signature, and elsewhere. To opt in to use the membership logo, please complete and sign the logo reuse form and send it to Barbara Souza […]
RMA Member,
The auto loan market has seen significant growth in recent years. Many RMA members have started to take advantage of the business opportunities available in the auto loan market, as debt sales and third-party collection services are a considerable part of non-prime auto financing. Bringing together representatives from these industries to mingle with executives […]
On March 27, RMA’s Director of Government Affairs & Policy, David Reid, testified against Oregon HB 2356. David Reid and RMA member Mike Roskam were the only two witnesses to testify in opposition of the bill. Proponents of the bill gave testimonies describing debt buyers as excessively litigious, unconcerned about proper documentation, and prone to […]
New information is available regarding disclosures for accounts based in the state of New York. The Receivables Management Association believes this to be of interest to our Members.
Debt buyers and third-party collection agencies who collect debt in the state of New York are required to adhere to rules set forth by the New York Department […]
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As of January 1, 2017, DBA International’s Receivables Management Certification Program (RMCP) has been expanded to certify businesses that facilitate the sale of receivables. A broker that meets fourteen specific standards of best practice will be eligible to earn the new “Certified Receivables Broker” (CRB) designation.
Similar to the existing “Certified Professional Receivables Company” designation for […]
The DBA International Certification Council is proposing edits to the Receivables Management Certification Program. The Council is required to perform a review of certification program standards at least annually to ensure the program reflects “evolving industry best practices, input from key stakeholders and communities of interest, areas of Council concern, and recent regulatory and statutory […]