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What is Credit Control and How to be a better Debt Collector

Debt Recoveries

Credit control is the process of overseeing and collecting payments that consumers or clients owe your company. Establishing credit terms, assessing creditworthiness, generating bills, and keeping track of past-due payments are all part of it. Please contact us at email@debtrecoveries.com.au or 1300 799 511.

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How will Hunstein v. Preferred Collection & Mgmt. Impact The Collections Industry?

Credit Management Company

The debt collection company electronically sent the following information to its third-party vendor: The consumer’s name and address. The debt concerned his son’s medical treatment. The debt collector is petitioning for en banc review. Contact Us For Your Debt Collection Needs. Balance owned. Name of the creditor.

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How Does Validation of Debts Work?

Credit Management Company

Before you can collect on any debt, you need to validate the debt in accordance with the Fair Debt Collection Practices Act. Here’s what you need to know about debt validation. Why you need to validate debt. Running afoul of these rules when collecting a debt can get your company fined or punished.

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CSA Apprenticeship case study: Lowell Level 3 Compliance Risk Officer

CSA

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

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