DALLAS, Texas – As the DBA Executive Summit commences, Real Time Resolutions, Inc. (RTR) today announced that it has earned the highly­ regarded  designation  of Certified Professional Receivables  Company  (CPRC) after completing the comprehensive national standards contained in DBA International’s certification  program. These standards  have been recognized for exceeding state and federal laws and regulations through a series of stringent requirements  that stress responsible  consumer  protection through increased transparency and operational controls.

“I want to recognize  and commend  RTR for this milestone  and its efforts to protect consumers and creditors through the attainment of DBA International’s Receivables Management Certification  Program,” said DBA International Board President Trish Baxter. “When DBA International  members  created the Certification Program, they were expressing their desire for the industry to coalesce around uniform standards of best practices designed  to not only meet state and federal consumer  protection laws, but in many cases exceed them. The fact is that certification  is good for both consumers  and the industry.”

The CPRC designation  is granted to companies who comply with rigorous  standards  addressing such items as account documentation, chain of title, consumer  complaint  and dispute resolution, statute of limitation compliance,  vendor management,  credit bureau reporting, resale, and other relevant  operational procedures. Individual Certified Receivables  Compliance Professional designations are required for each certified company’s chief compliance  officer.

Compliance with the CPRC standards are monitored through independent third party audits as well as through a structured  self-compliance audit process. For more information  about DBA’s Receivables Management Certification  Program, or to download an application,  please visit DBA’s website at www.dbainternational.org/certification.

About Real Time Resolutions, Inc.

RTR provides industry leading servicing and collection services on pre and post charge off auto loans, bankrupt accounts, commercial loans, student loans, consumer loans, credit cards, and 1st and 2nd lien mortgage loans from a 1st party and 3rd party basis, as well as other call center services.

In addition to providing servicing and debt collection services, RTR and its affiliate, Resolution Capital, purchases commercial and consumer loan portfolios, and utilizes various strategies to resolve debts and rehabilitate borrowers.

About DBA International

DBA International  (DBA) is the nonprofit trade association that represents more than 550 companies that purchase  performing  and nonperforming receivables  on the secondary market.  DBA’s Receivables Management Certification  Program and its Code of Ethics set the “gold standard” within the receivables industry due to its rigorous  uniform industry standards of best practice which focus on the protection  of the consumer.  DBA provides  its members  with extensive networking,  educational, and business development opportunities in asset classes that span numerous industries. DBA continually sets the standard in the receivables management industry through its highly effective grassroots  advocacy, conferences, committees,  taskforces,  publications, webinars, teleconferences, and breaking  news alerts. Founded  in 1997, DBA International  is headquartered  in Sacramento, California.

For further information about Real Time Resolutions, please contact Mark Hutto, SVP of Business Development at: mark.hutto@rtresolutions.com


Next Article: Experian’s Contact Monitor Strengthens Business Insight on ...

Advertisement