Once a dispute is resolved, it’s resolved, at least according to a court in the Northern District of Illinois. In a recent victory for debt collectors, a consumer alleged that a debt buyer should have known about a previously resolved dispute and thus violated the Fair Debt Collection Practices Act (FDCPA) by reporting the debt to the credit bureaus without reflecting said dispute. In the court's eyes, however, since the consumer never conveyed the dispute to the debt buyer, reporting the debt without it did not violate the FDCPA.
Read the Whole Story »
ARLINGTON, Va. -- Convoke Pulse is a solution to manage recovery of post charge-off balances. Integrate and consolidate data from all first- and third-party systems for a complete and accurate view of each account. Balance and cost data is automatically updated, granular, and easy to access. Convoke Pulse ensures you have up-to-date and accurate information on balances and costs to manage both performance and compliance.
Read the Whole Story »
NEW YORK, N.Y. -- Skit.ai, the leading Conversational Voice AI solution in the Account Receivable Management (ARM) industry, has announced a strategic partnership with SameDay Auto Finance, LLC., a Texas-based company that provides simple, quality service for their dealers and helps customers with auto finance needs. This collaboration has enabled them to modernize their collection processes by deploying Skit.ai’s Augmented Voice Intelligence Platform, which has accelerated their revenue recovery efforts.
Read the Whole Story »