Why Can’t Courts Agree to the Definition of Debt Collector Under the Fair Debt Collection Practices Act?
By Jeffrey A. Schreiber and Vincent P. Reed
After 46 years since “debt collector” was defined in the federal Fair Debt Collection Practices Act, 15 U.S.C. 1692-1692p (“the Act”), why do courts still disagree with its meaning? The Act was enacted prior to the consumer debt buyer industry matured. Consequently, the legislative […]
*Sponsored* Maximizing Your Finances: Optimizing Cash Flow and Mitigating Risk with Multiple Sponsor Banks and Payment Methods
By Chad Probst
The collapse of the Silicon Valley Bank (SVB) in March 2023 signaled an uncertain outlook for the U.S. economy and emphasized the need for businesses to consider several aspects of their payment processing approach while taking into account an ever-changing regulatory environment.
In this article, we explore the benefits of using […]
Employee Spotlight: Meet and Greet with Sylvia
For over eight years, Event & Sales Development Manager Sylvia Done has been working hard to give RMAI members experiences they will remember.
Event & Sales Development Manager, Sylvia Done.
In addition to overseeing the planning process for all RMAI events like Annual Conference, Executive Summit, and […]
Employee Spotlight: Get Associated with Penny
Working at an association is different from any other job, but it is something that Deputy Director Penny Cunha has loved her whole working life.
Careers in associations require teamwork and flexibility, being able to work with all types of people, a willingness to learn and to help […]
*Sponsored* Download TransUnion’s New Survey, “Charting the Course and Steering Toward Success”
*Sponsored Post by TransUnion*
Get a first look at the trends, challenges and opportunities reshaping the third-party collections industry. We invite you to download the annual survey — Charting the Course and Steering Toward Success — conducted by TransUnion and the Aite-Novarica Group.
Some standout takeaways include:
- One-third […]
*Sponsored* Voice AI Ushers a New Era of Intelligent Debt Collections
By Sourabh Gupta
*Sponsored Blog Post* Confronted with growing challenges, financial institutions across the U.S. are gearing up for an era of rapid digital transformation and AI-led automation, aiming to boost productivity, efficiency, and security. Debt collection agencies are among the companies looking for solutions that can help them transform, and 2023 will […]