Common Credit Reporting Mistakes for Debt Buyers and Collection Agencies to Avoid
RMAi 2023 Annual Conference, Aria Resort & Casino, Las Vegas, Nevada
02.07.2023 | 2:40 p.m.
Event Sponsor: Receivables Management Association International (RMAi) 2023 Annual Conference
Credit reporting mistakes remain the single largest litigation and regulatory risk debt buyers face. Further, the CFBP recently issued a $19 million penalty to a creditor for the inaccurate reporting of consumer data to the credit reporting agencies for several years. This session will provide specific steps for debt buyers to review, audit and improve the accuracy and integrity of their credit reporting and the dispute processes based upon CFPB guidance and recent case law.