Our Blog

FCC Ruling on Debt Collectors and the TCPAApril 25, 2012

Our coverage has focused in part on the government’s evolving interpretation of the TCPA, and here are the latest FCC rules for debt collectors.

The Association of Credit and Collection Professionals (ACA International) recently commissioned Ernst & Young to take a closer look at the economic impact that third-party collectors have had.

While a cease-and-desist letter may stop calls about your debt, the fallout may end up harming a consumer more than helping.

While typically our blog posts contain original content, this recent article by Stephanie Eidelman on Forbes was too good not to share with our readers.

The leadership in our industry has produced a Blueprint for Change, which includes two significant changes to the Truth in Lending Act.

Now more than ever, the debt collection industry finds itself at a crossroads. Next month, collectors will begin to be regulated by the newly formed Consumer Protection Agency (CPA).

In the collection industry, we hear “no” (and much worse) so consistently, that it can be quite challenging to maintain the positive attitude needed for success.

Business supporting local community has always been important to PRC. This year our employees showed an even stronger commitment to helping those less fortunate.

Various reports have indicated that complaints to the FTC regarding debt collectors have risen from about 95,000 in 2007 to 119,000 in 2009.

While there are debt collectors who do not follow the laws and regulations or operate too much in the grey area, most consumers are actually confused and frustrated about the laws that were actually enacted to protect the consumer.

There are many factors to consider when selecting a collection agency, but one of the most important factors is net back dollars.

Creditors and Collection Agencies have to work together and demand an environment that allows for more effective and less expensive communications with debtors.

Revenue Cycle Experts

Our Blog

Our Blog

FCC Ruling on Debt Collectors and the TCPAApril 25, 2012

Study Shows Positive Economic Impact of Third Party CollectionsFebruary 15, 2012

Cease & Desist Orders Are Not As Beneficial To Consumers As They Might ThinkJanuary 25, 2012

Creditors Play an Unrecognized and Powerful Role in the Debt Collection ProcessDecember 2, 2011

Two Changes to Debt Collection from the Truth in Lending ActOctober 18, 2011

A New Era in Debt Collection Starts with CPAJuly 6, 2011

Maintaining a Positive Attitude is Crucial for SuccessMarch 23, 2011

Participation in the CommunityJanuary 21, 2011

Debt Collector Complaints on the Rise – What’s the Real Story?November 23, 2010

Ask Doctor DebtOctober 21, 2010

Net Back is the Most Important Thing in Collection MeasurementsSeptember 22, 2010

Creditors and Collection Agencies Must Work TogetherAugust 30, 2010

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