Receivables Management Association International Celebrates National Consumer Protection Week

SACRAMENTO, Calif. – In recognition of the 19th Annual National Consumer Protection
Week (NCPW), held March 5–11, 2017, Receivables Management Association International (RMA) will make special efforts to educate consumers on credit and financial capability. More than 100 federal, state, and local agencies, consumer groups, and organizations participate in NCPW in a joint effort to inform consumers of their rights and provide free access to consumer-related resources. The Federal Trade Commission (FTC), Consumer Financial Protection Bureau (CFPB), and Federal Deposit Insurance Corporation (FDIC) are among the federal participants.

During NCPW this year, the association will host a consumer-resources campaign on its social media channels. Each day, RMA will post information about different consumer resources and tools available to promote financial literacy.

“The more consumers know about the credit cycle and financial capability, the more empowered they are to make good choices,” said Board President Mark Naiman. “Certified companies and individuals contribute to a healthy consumer economy, as the purchase and sale of debt helps keep credit accessible and affordable. Our members are committed to consumer protection and education,” continued Naiman. “Member companies often work with consumers to set up payment plans to ease financial burdens. All Certified company websites link to the association’s ‘Consumer Resources’ page and conspicuously display contact information for the company’s compliance officer.”