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Making Medical Credit Reporting Harder is a Disaster in the Making

Nexa Collect

We all agree that healthcare costs in the USA are extremely high. Credit bureaus will soon stop reporting medical debts lower than $500, remove medical line items that have been fully paid, and collection agencies now have to wait for 1 year before medical debts can be reported. But all this is changing only for medical debts.

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CFPB Agrees to Vacate Medical Debt Credit Reporting Rule

Account Recovery

The Consumer Financial Protection Bureau has agreed to end a lawsuit by joining industry groups in asking a federal judge to vacate its controversial rule banning the reporting of medical debt on consumer credit reports.

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Who is PDCflow? Meet Dawn Updike

PDC Flow

We started out of a need to provide secure payment processing for third party collections, but our product has evolved so much. The possible use cases for healthcare , consumer goods and services , credit unions , call centers, and even expansion in debt collection – especially pre collect services – are exciting.

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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. Our Collection & Recovery Philosophy. state of the art call center.

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Avoid These Business Killers: Hire an Accounts Receivable Management Company

Credits Inc

Hire a collection agency and your invoices will always go out on time. An accounts receivable management company will always bill and collect your invoices on time, so you never have to worry about not getting paid for your goods and services. Collection agencies operate on a code of ethics. hospitals and healthcare providers.

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SIMM Associates Inc. Celebrates 30 Years of Growth, Partners with Provana to Digitize Compliance Management

Collection Industry News

SIMM”), a full-service ARM and BPO Customer Care call center that provides third party collections, first party (pre-default) collections, probate collection solutions and customer engagement/telesales, celebrated its 30th year of operation this month. Newark, DE – Jul 28, 2021 – SIMM Associates, Inc.

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Compliance Digest – November 11

Account Recovery

Supreme Court Rules CU Employees Engaged in Unauthorized Practice of Law When Filing Collection Suits Against Members The Supreme Court of New Mexico has ruled that employees of a credit union engaged in the unauthorized practice of law by filing collection lawsuits to recover unpaid debts. More details here.