EverChain: Certified Receivables Vendor

Categories: Buyer Certification, Compliance, Oversight, RMAi|

EverChain: Certified Receivables Vendor

We are pleased to announce that EverChain has once again met the requirements and earned the designation of an RMAI “Certified Receivables Vendor” (CRV). As a designated CRV, our organization will continue to uphold the policies and procedures outlined in the Receivables Management Certification Program Governance Documents. EverChain was the first RMAi Certified Broker when the designation was created in March of 2017. Similar to RMAI’s “Certified Receivables Business” (CRB) designation for debt-buying companies, law firms, collection agencies, and creditors, the CRV designation was designed to exceed the requirements of state and federal law. EverChain is thrilled to continue to voluntarily surpass industry requirements, setting a new bar for quality and compliance in the debt industry.

About RMAI’s Certification Programs

RMAI’s Receivables Management Certification Program and its Code of Ethics set the global standard within the receivables industry due to its rigorous uniform industry standards of best practice which focus on the protection of the consumer. RMAI 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.

About RMAI

Receivables Management Association International is the nonprofit trade association that represents more than 550 companies that support the purchase, sale, and collection of performing and nonperforming receivables on the secondary market. RMAI member companies work in a variety of financial services fields, including debt buying, collection agencies, law firms, originating creditors, and industry-related product and service providers. RMAI provides its members with extensive networking, educational, and business development opportunities in asset classes that span numerous industries. The association publishes a bi-annual magazine and monthly newsletter, provides educational and networking opportunities at major forums, events, and conferences, represents the membership before federal and state policymakers, and supports the industry where appropriate in appellate cases. Founded in 1997, RMAI is headquartered in Sacramento, California.

About EverChain

EverChain® facilitates compliant and secure debt sales for lenders and other creditors. We enable creditors to manage and monetize their uncollected receivables via our secure, sophisticated, and specialized technology platform (patent pending) consistently and compliantly. We aren’t simply a conventional broker or a buyer; EverChain is an experienced debt sales advisor who has the expertise to help creditors optimize their recovery strategy while protecting their consumers, brand, and bottom line.

A successful debt sale should not be measured by how much money you sell your accounts for, it should be measured by how much you get to keep. Creditors concerned with any post-sale compliance risk can rest assured that the EverChain network holds itself to the highest standards of care. This ensures that creditors selling their accounts on the EverChain marketplace to our certified network of buyers can expect unprecedented and unparalleled levels of compliance from buyers, their agencies, and law firms.

EverChain plans to continue its legacy of delivering highly compliant, technology-driven, consumer-centric solutions for creditors in the decades ahead. To learn more, visit the EverChain blog or EverChain website.