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SIMM Associates

Recoverity

SIMM is a full service nationally licensed ARM company providing collection solutions to the student lending, consumer lending, credit/retail card, healthcare, auto finance, credit union and debt buying industries. SIMM holds the following certifications: PCI Level 1, ISO 27002 and SSAE16 Type II. Our Experience.

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The TCPA: A Primer for Debt Collectors

National Service Bureau

It behooves debt collectors - really, anyone in accounts receivable management - to know and understand the restrictions surrounding telephone communication. action to recover for actual monetary loss from such a violation, or to receive $500 in damages for each such violation, whichever is greater.”

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Q2 Industry Insights: Higher Monthly Expenses for Consumers, Regulatory Guidance for Financial Institutions

True Accord

Updates to the Gramm-Leach-Bliley Act (GLBA), the Safeguards Rule , provide financial institutions, including those in the accounts receivable management industry, with requirements on how to safeguard customer information, went into effect on June 9. On the regulatory front, data protection is making headlines. 9%) to $17.05

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The State of Small Business Debt in 2024: Insights from Global Data

Burt and Associates

Proactive accounts receivable management and commercial debt collection services can help prevent unpaid debts from escalating into legal disputes. Sector-Specific Debt Growth : Retail, hospitality, and construction businesses are seeing the highest increases in outstanding debt. in Q3 of 2023, up from 1.5%