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Managing A "Pay When Paid" Policy

JSP Credit Management

In other words for commercial transactions, or B2B deals? If you have spent any amount of time in debt collection, credit management, credit control, P2P or OTC roles, you will be familiar with the standard 30-day NET payment terms. But does this rule of thumb still apply when you’re the purchaser but not the consumer?

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RMAI Update March 2023

RMAi Blog

New York SB 4750 – This bill would expand the scope of the 2021 Consumer Credit Fairness Act (CCFA) by replacing the term “consumer credit transaction” with “consumer debt” and thereby bringing debt such as medical and utility under the scope of the CCFA’s litigation requirements.

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RMAI Update April 2023

RMAi Blog

New York SB 4750 – This bill would expand the scope of the 2021 Consumer Credit Fairness Act (CCFA) by replacing the term “consumer credit transaction” with “consumer debt” and thereby bringing debt such as medical and utility under the scope of the CCFA’s litigation requirements. Commercial Funding Inc.

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