Post Tagged with: "Fair Debt Collection Practices Act"

3 Best Practices for Training Debt Collectors

3 Best Practices for Training Debt Collectors

Best Practices, Compliance, Guides, HR, Management, Payments August 21, 2017 at 1:00 pm

Auto loan delinquency rates are at the highest level since the 2007 financial crisis, which is why auto lenders are investing more time in debt collection best practices. As such, refining and bolstering training for debt collectors has become increasingly important. Auto Finance News spoke with a few experts inRead More

How the Supreme Court Turned Debt Collection Into a Grammar Lesson

How the Supreme Court Turned Debt Collection Into a Grammar Lesson

Compliance, Operations, Opinion July 10, 2017 at 10:30 am

On June 12, the Supreme Court settled a question about the status of debt buyers under the Fair Debt Collection Practices Act (FDCPA) that has been the subject of uncertainty for years: β€œIs a person who purchases debt for his own account a debt collector if he tries to collectRead More