Accounts Receivables Management Financial services Student Loans 
Better Credit Blog
APRIL 1, 2022
If you fall into hard times, the inability to pay off your credit card bills or student loans can result in your debts being transferred to a debt collection agency. They recently acquired Alltran Financial Services in 2020. Especially when credit reporting agencies reduce your score by up to 50 points.
Collection Industry News
JULY 20, 2020
The Education Department is suspending collections on federal student loans and urging private collection agencies to stop pursuing borrowers. While debt collectors lobby to maintain business operations, representatives of firms that issue credit card, car loans, and online consumer loans, are lobbying for access to bailout money.
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Troutman Sanders
JULY 7, 2021
On June 26, Minnesota Governor Tim Walz signed into law a bill that expands the regulation of the accounts receivable management industry to include debt buyers and affiliated companies. For more information, click here.
Troutman Sanders
APRIL 19, 2021
Senator Ted Cruz introduced the Financial Institution Customer Protection Act of 2021, which seeks to prohibit financial institutions from denying services to law-abiding businesses, such as companies in the accounts receivable management industry.
Account Recovery
JANUARY 22, 2025
The most notable were the failed efforts to eliminate lawfully contracted student loan debt, and the imposition of grossly improper bans on medical debt reporting. Mature participants in the ARM and financial services industries fared better than I would have imagined. Joe Biden would just fall into line.
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