Collector - May 2020 - 7

INDUSTRYNEWS

ACA NEWS

ACA Partners with New Ad Sales Firm

F

urthering its commitment to helping
members succeed, ACA International
recently announced that it retained
the services of The YGS Group, a marketing
services firm, to manage our advertising
and sponsorship opportunities in Collector
magazine, ACA Daily, ACA Online, the
ACA Cast podcast, ACA events and more.
The YGS Group helps companies achieve
their marketing goals and showcase their
brand in the most effective ways possible.
The YGS Group has been ACA's trusted
vendor for Collector magazine's award-

winning design and print services for
several years, and we know they will
raise the level of service provided to
our advertisers.
ACA's new account executive, Tima
Good from The YGS Group, can be
reached at tima.good@theygsgroup.com
or (717) 430-2282.
We are confident The YGS Group will
provide you with a high level of service
while giving you the tools you need to drive
awareness and engagement. We are very
excited about this new collaboration.

Tima Good, YGS account executive

INDUSTRY NEWS

CFPB Extends Comment Deadline on
Out-of-Statute Debt Proposal

T
ACA NEWS

New Blog
Addresses Current
Industry Issues
The Switchboard is ACA International's
new blog, designed to highlight information
about the accounts receivable management
industry using a platform that promotes
and encourages thoughtful online
conversations. Switchboard content
is intended to increase awareness and
understanding of the industry among
stakeholders, consumers and other
interested parties. Check it out: https://
theswitchboard.acainternational.org.

COLLECTOR 05.20

he Consumer Financial Protection Bureau has extended
its comment period on the Supplemental Notice of
Proposed Rulemaking (SNPRM) concerning out-ofstatute debt to June 5, 2020, a change ACA International
requested in consideration of challenges throughout the
country as a result of COVID-19. ACA submitted
a letter to CFPB Director Kathy Kraninger on
behalf of the industry in March.
Time-barred debt was the subject of many
comments to the CFPB after the release
of its May 2019 proposed rule for the
debt collection industry, including from
ACA International.
"The bureau proposes to prohibit
collectors from using non-litigation means
(such as calls) to collect on time-barred debt
unless collectors disclose to consumers during
the initial contact and on any required validation
notice that the debt is time-barred," according to a
news release from the CFPB on the SNPRM.
The deadline extension will allow members and
industry professionals adequate time to provide public comment
on the SNPRM. ACA appreciates the response from the CFPB.

7


http://https:// http://theswitchboard.acainternational.org

Collector - May 2020

Table of Contents for the Digital Edition of Collector - May 2020

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