Public News

News articles and press releases available to the general public.

PRA Group Names Pete Graham as Chief Financial Officer

NORFOLK, Va., — PRA Group, Inc.,a global leader in acquiring and collecting nonperforming loans, today announced that on August 10, 2016, Pete Graham will be joining the company as executive vice president and chief financial officer.

Graham is a seasoned finance executive with more than 20 years focused […]

2021-01-21T21:53:34-08:00June 22, 2016|Member News|

Account Control Technology Foundation Announces Winners of $50,000 in College Scholarships

WOODLAND HILLS, Calif. – Account Control Technology Foundation (herein ACT Foundation), is pleased to announce the 50 winners of its annual $1,000 college scholarships. The 2016 winners’ lists for the ACT Foundation’s two programs can be accessed on its website at: http://accountcontrolfoundation.org/winnersLists.php.

“We are proud to continue helping high school and undergraduate students nationwide and […]

2021-01-30T03:56:45-08:00June 21, 2016|Member Community Involvement|

Bankrupt Debt Acquisitions Becomes Certified Debt Buyer

Scottsdale, Arizona:  Bankrupt Debt Acquisitions today announced that it has earned the highly-regarded designation of Certified Professional Receivables Company (CPRC) after completing the comprehensive national standards contained in DBA International’s certification program. These standards have been recognized for exceeding state and federal laws and regulations through a series of stringent requirements that stress responsible consumer […]

2022-09-28T14:06:48-07:00June 21, 2016|Member News|

30-Day Comment Period on Proposed Changes to DBA International Certification Program

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 addresses “evolving industry best practices, input from key stakeholders and communities of interest, areas of Council concern, and recent regulatory and statutory […]

2024-07-08T06:43:33-07:00June 18, 2016|Member Alerts|

The Value of the DBA Certification Program Through the Eyes of Certification Chair

In 2013, DBA International released the first version of the certification program to create best practices for the receivables industry. Through ongoing review of the standards by DBA members and feedback from regulators and consumer advocacy groups, the certification program has gained acceptance and grown into a recognized certification. Though initially created for debt buying […]

2021-01-21T21:46:03-08:00June 15, 2016|RMAI Certification|

DBA Update – June 2016

Keeping you informed about the work that is taking place on your behalf and reminding you of important news and updates.

DBA Member News

DBA International published a statement in regards to the June 5th episode of “Last Week Tonight with John Oliver.” While we disagree with the broad characterizations of the debt buying industry […]

2023-12-14T07:11:55-08:00June 15, 2016|Member Alerts|

Statement: “Last Week Tonight with John Oliver” Segment on the Debt Buying Industry

While DBA International disagrees with certain broad characterizations of the debt buying industry contained in the June 5th episode of “Last Week Tonight with John Oliver,” we wholeheartedly agree with the premise of the show that unscrupulous activity within the industry harms consumers.

This position is the core of DBA International’s Receivables Management Certification Program and […]

2022-09-28T14:03:27-07:00June 7, 2016|RMAI Press Releases|

Navient CEO shares student loan borrower stories, advocates for policy ideas to address student debt

WILMINGTON, Del., May 26, 2016 (GLOBE NEWSWIRE) — Jack Remondi, president and CEO of Navient, the nation’s leading loan management, servicing and asset recovery company, delivered remarks at the company’s 2016 Annual Meeting of Shareholders. Excerpts of his remarks on the cost of college and student debt are as follows:

On the cost of higher education

Student […]

2021-01-21T21:53:41-08:00May 26, 2016|Member News|

Stoneleigh Recovery Associates’ Employee Voted Most Valuable Volunteer at 13th Annual Autism Speaks Chicago Walk

LOMBARD, Ill. – Stoneleigh Recovery Associates’ (SRA) employees volunteered at the 13th Annual Autism Speaks Chicago Walk May 14, 2016.  SRA employees helped coordinate, setup, and man the registration desk for the more than 20,000 participants that came to walk.  The three-mile walk around the Chicago lakefront started and ended at Soldier Field.  The walk, hosted by […]

2024-11-15T07:12:06-08:00May 25, 2016|Member Community Involvement|

Spokeo Decision May Provide Relief to Debt Buyers

This week’s 6-2 decision from the U.S. Supreme Court in Spokeo v. Robins concerning a Fair Credit Reporting Act (FCRA) violation should bolster the defense of debt buying companies in future Fair Debt Collection Practices Act (FDCPA) litigation. The ruling addresses lawsuits that claim an injury caused by the mere violation of a federal strict […]

2021-01-30T14:17:30-08:00May 24, 2016|Member Alerts|
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