Consumer Credit Creditors Debt Recovery 
Account Recovery
AUGUST 19, 2024
Bill Banning Social Media Debt Collection Passes N.Y. Kathy Hochul, that if signed, would prohibit the use of social media platforms to collect debts, for creditors or the collection agents working on their behalf. What do they mean and how are they to be used in a consumers’ credit report? More details here.
Account Recovery
AUGUST 19, 2024
Bill Banning Social Media Debt Collection Passes N.Y. Kathy Hochul, that if signed, would prohibit the use of social media platforms to collect debts, for creditors or the collection agents working on their behalf. What do they mean and how are they to be used in a consumers’ credit report? More details here.
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Taurus Collect
SEPTEMBER 2, 2024
Let’s understand the strategies that promote a positive experience for both the debtor and the creditor, leading to stronger relationships and better outcomes. Ethical practices not only elevate the art of debt recovery but also ensure that both debtors and creditors can work harmoniously towards a resolution.
Fico Collections
JUNE 16, 2022
Meeting Debt Collection Challenges Amid a Squeeze on Income. In order to deal with the rising cost of living and other challenges, anyone managing collections portfolios and effective debt recovery strategies needs these capabilities. Unfortunately, far too many creditors didn’t. Tue, 07/23/2019 - 04:13. by Bruce Curry.
Collection Industry News
NOVEMBER 17, 2024
Gavin Newsom recently signed SB 1286 amending the Rosenthal Fair Debt Collection Practices Act’s coverage to certain commercial debt. Prior to this amendment, the RFDCPA’s restrictions applied only to certain debt collectors and creditors collecting consumer debt. The amendments are effective Jan.
Taurus Collect
JANUARY 20, 2023
Understanding the Legality and Guidelines Regarding Credit Checks Understanding the legality and guidelines regarding credit checks by debt collectors in the UK is important. This means that any debt collector who contacts you must first request your written consent to view your credit report.
Better Credit Blog
APRIL 5, 2022
If they are unable to validate the debt, you can ask them to remove it from your credit report. When your original creditor can’t collect your past-due balance, it’ll sell your debt to a debt collection agency which means you now owe the money to the agency. Original Creditor Vs. Collection Agency.
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