Getting Your Feet Wet: Purchasing a New Type of Debt
June 20, 2017
9:00–10:00 am PT | One (1) credit
There are many types of debt percolating throughout the credit and collection industry. Medical, condo, credit card, tax, fintech, and auto are just a few of types of debt that make up our industry. But, all come with a different set of regulations and compliance concerns. Your experience vetting and purchasing one type of debt does not necessarily translate to another. For example, can a debt purchaser assess an interest rate charged by a national bank on a credit card, even if that interest rate is above state usury laws? What concerns does a medical debt purchaser have under privacy laws such as HIPPA? What’s fintech and why is it garnering so much attention?