RMAI encourages consumers to participate in the Federal Trade Commission’s week of financial literacy activities.

On February 28, through March 6, 2021, the Federal Trade Commission (FTC) and more than 100 federal, state, and local agencies, consumer groups, and national advocacy organizations, will participate in the 23rd annual National Consumer Protection Week (NCPW). NCPW is a coordinated campaign designed to focus on the importance of keeping consumers informed while providing them with free resources explaining their rights in the marketplace.

This year, the FTC and its partners will participate in a series of events including webinars, Facebook Live events, and Twitter chats throughout the week. These virtual events will cover a range of topics, including avoiding coronavirus scams, government imposters, and cyber fraud. The Receivables Management Association International (RMAI) is a fervent supporter of NCPW and committed to the promotion of financial literacy among all consumers. For more information, visit the FTC’s Join us for these NCPW events next week page.

“RMAI applauds the FTC’s work to protect and educate consumers in the financial marketplace. As the leading international trade association representing the debt purchasing and debt collection industry, RMAI members are committed to helping consumers understand their rights under the law and the importance of financial literacy,” said RMAI President, James Mastriani.

RMAI invites consumers to visit its helpful online resources:

RMAI COVID-19 Consumer FAQs
These FAQs provide answers to the most common questions consumers have about the collection of their debt during the national pandemic.

RMAI Consumer Resources
This webpage contains a wealth of information and links to resources providing guidance on consumer rights, working with a debt collector and more.

RMAI’s Financial Literacy Website
This website, organized by audience and topic, links to websites providing financial education – often through games and tools – sorting out some of the most complicated issues facing consumers.

RMAI members strive for the professional and ethical collection of legitimate debt. To that end, working with consumers in a respectful and honest manner is key to each member’s business model.




About Receivables Management Association International:

Receivables Management Association International (RMAI) is a nonprofit trade association representing more than 550 companies that purchase or support the purchase of performing and nonperforming receivables on the secondary market. The RMAI Receivables Management Certification Program and Code of Ethics set the global standard within the receivables industry due to the rigorous uniform standards of best practice which focus on protecting consumers.

More information about RMAI is available at www.rmaintl.org.