CICM
SEPTEMBER 15, 2023
In this blog, we will look at what Debt Collections is and why it is so important. What is Debt? Debt is money owed to another. This debt could be unpaid bills or invoices for goods and services, repayment of a financial service or money loan, or overdue sums for a range of obligations such as fines, taxes and rent.
Consumer Financial Services Law
MARCH 1, 2018
2017) regarding revival warnings in collections letters on time-barred debt. Midland Credit Management, Inc. The ruling resulted in summary judgment as to liability for a certified class of plaintiffs due to a collection agency failing to include a warning that payment could revive the statute of limitations on time barred debt.
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CSA
SEPTEMBER 6, 2021
Credit Services Association (CSA) member company Lowell is one of Europe?s s largest credit management companies with a mission to ?make make credit work better for all? debt collectors? Phoebe Backhouse, Risk Analyst at Lowell and former CSA Level 3 Compliance Risk Officer apprentice, says: ?In
Better Credit Blog
APRIL 5, 2022
Don’t go into too many details, but let the debt collector know if you’re trying to buy a house but can’t because of the negative information on your credit report. Then kindly ask the debt collector to remove collections from your credit report out of goodwill. Ability Recovery Services.
Credit Management Company
DECEMBER 29, 2020
A new Presidential administration means possible changes to the Consumer Financial Protection Bureau (CFPB). Earlier this month, Representative Maxine Waters (D-CA-43)—the Chairwoman of the House Financial Services Committee— sent a letter to President-elect Biden urging him and Vice President-elect Kamala Harris to make several changes.
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