HENDERSON, Nev. -- EverChain, the consumer-centric Recovery Management Solution (RMS) for consumer lenders and creditors, announced that it has patented Universal Due Diligence (UDD), a compliance management system that allows for Sellers, Buyers, and Agencies to submit for certification, submit for recertification, update, and confirm due diligence documents.
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Late last year, the CFPB announced a proposed rule to create a registry of “repeat offenders” (Proposed Rule). However, according to the Consumer Relations Consortium (CRC), the Proposed Rule is fatally flawed and must be withdrawn. Further, the CRC suggested that instead of perpetuating myths and falsehoods about the debt collection industry by publicizing alleged bad actors, the CFPB should help consumers by exercising its congressional mandate to publish a list of legitimate debt collectors.
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SACRAMENTO, Calif. -- Receivables Management Association International (RMAI) provides a digital consumer resource for financial success: FinancialLiteracy.Rocks (http://financialliteracy.rocks/). RMAI is committed to protecting consumers and helping them reach their financial goals, manage debt, and create a stronger economic future for themselves one financial decision at a time. This website gathers helpful resources together for ease of access and discovery. FinancialLiteracy.Rocks debuted in 2019 and is updated with new resources on an ongoing basis.
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