The Long-Awaited CFPB Debt Collection Rule Changes—Bright Lines and Opportunity

Katabat App

There is no doubt that last week’s publication of proposed rules by the Consumer Financial Protection Bureau (CFPB) likely marks a long-needed tectonic shift for the debt collection industry including 1st and 3rd party debt collection agencies (DCAs). As such, it’s a bit premature to predict the many cascading effects that are likely to unfold … Read more

4 RMA Conference takeaways from Toronto

conference takeaways

I just returned from the 2018 Receivables Management Conference in Toronto.  Overall, it was a great conference — small and intimate, which drives good interactions and dialogue about client pain points and business needs now and in the future.  We met a lot of new prospective customers and also got to talk to existing clients … Read more

Auto Finance Trends: Lemons and Laws—Tech for Compliant, Efficient Auto Loan Debt Collection

Auto finance trends debt collection tech

This post is Part 2 of 2 on our examination of auto finance trends, performance and compliance. Read Part 1 here. While year-on-year delinquency rates are down overall, debt collection is still a fact of the auto finance industry. Subprime auto loans have higher delinquency rates, though not at a level that threatens the financial … Read more

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