E~Credit News & Updates

In 1970, Congress was concerned that largely unknown consumer reporting agencies (“CRAs”) were creating and sharing dossiers of personal information on individuals. At the same time, Congress recognized the importance of the industry—it is how most Americans can own a home or car—and sought to strike a balance that preserved both “the needs of commerce” and consumers’ privacy. The result was the Fair Credit Reporting Act (“FCRA”), and for over five decades it has required CRAs to adopt procedures to ensure the accuracy and integrity of information in its files, share consumer reports only in limited circumstances, and provide consumers with access to their files and the ability to dispute incorrect information. The FCRA only covers consumer reports on individuals for credit to be used primarily for personal, family, or household purposes and is enforced by the Federal Trade Commission (“FTC” or “Commission”) and the Consumer Financial Protection Bureau (“CFPB”). 

The FCRA is often considered to be the original privacy statute, and its coverage is understandably limited to reports about individual consumers and not business credit reports, since those do not raise the same individual privacy concerns. While business credit reports are outside the scope of the FCRA, in recent years the FTC and CFPB ......

New Association Member & ICE Member

Larry Bajmakovich ~ BDG International

If you have something you would like us to announce please send an email to

admin@wcacredit.org

This exciting fast paced webinar will demonstrate the skills needed to maximize cash flow and reduce past due balances.

Barry Elms will discuss:

• Understanding the value of effective collection skills.
• The keys to confident collections.
• 3 ways to communicate effectively in collections.
• How to effectively profile you past due customers.
• How to prioritize your collection calls
• 6 ways to motivate past due customers to pay today!

 DEADLINE FAST APPROACHING

15% Contingent Flat Rate

All 6 Conditions Must be Met:

1. Debtor must still be in business with telephone still in service.
2. Does not apply to Consumer Claims.
3. Principle balance of each claim must exceed $250.00. 
4. Reverts to regular fees if claim is forwarded to an attorney.
5. Applies only to domestic claims.
6. Coupon Code: Clean2024 must accompany Initial Claim.

Offer Expires 01/26/2024. 



For more information & questions call the Association, 866.546.2880