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Fair Debt Collection Practices Act: What You Need to Know

Fair Debt Collection Practices Act: What You Need to Know

by Harikrishnan E N | Aug 4, 2023 | Blog

The Fair Debt Collection Practices Act (FDCPA) is a federal law that regulates debt collection practices to ensure that consumers are treated fairly and respectfully. For businesses involved in debt collection or those who outsource this process, a comprehensive...
From Churn to Loyalty: Power of Customer Retention Management

From Churn to Loyalty: Power of Customer Retention Management

by Harikrishnan E N | Jul 10, 2023 | Blog

Emphasizing customer retention management (CRM) is now crucial in the highly competitive business landscape. For health and fitness businesses, having a strategic plan in place to reduce customer attrition rate is paramount as the cost of acquiring new customers is...
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  • Why Ethical Debt Collections Matter and How We Do It Right
  • Exploring Debt Collections: First-Party vs Third-Party Collections

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    RMAI Consumer Resources
    This resource provided by the Receivables Management Association International (RMAI) provides information and tools to help consumers make informed financial decisions. take control of their finances, defend against fraud and deception, and more. The calculators section includes valuable tools for estimating retirement, planning debt payoff, building savings, and budgeting. There are also steps for managing finances amidst economic inflation.

    First Credit Services is an omnichannel debt collection agency and BPO company that specializes in accounts receivables management and customer service outsourcing. We have over 25 years of compliant collections and receivables management experience.

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