Sacramento, CA, October 8, 2014 – DBA International (DBA) announced today it will now be accepting applications from collection law firms and third party collection agencies who wish to earn DBA’s Certified Professional Receivables Company (CPRC) designation. Version 2.1 of DBA International’s Certification Program was developed after an extensive six month program review that studied whether program expansion would provide enhanced benefits to certified debt buying companies as well as address a need within the broader collection industry.
DBA developed and manages a Debt Buyer Certification Program for its member companies. This certification program represents a comprehensive national standard of industry best practices. It stresses responsible consumer protection, increased transparency and improved educational and operational standards within the industry.
“Soon after the March 2013 launch of the Debt Buyer Certification Program, DBA began to receive calls from collection law firms and third party collection agencies inquiring whether they could become certified” said Bryan Faliero, President of the DBA Board of Directors. “While the certification program was originally designed for debt buying companies, the increasing number of inquiries prompted DBA to examine the feasibility of program expansion.”
After careful review and analysis, the DBA Certification Council determined that with a few adjustments, the certification program could accommodate collection firms and agencies due to the number of program standards that overlapped with other segments of the industry.
“Expanding the certification program is a critical step in strengthening compliance integration between debt buying companies and their vendors, assuring the consumer that the same rigorous standards are being upheld,” said Amy Anuk, Chair of the Certification Council.