29 September 2017 – Through a memo circulated last week, it appears as though Santander has extended their deadline for CARS certification to November 1, 2017 from its prior deadline of October 1st. The memo states that a formal notice of this is pending from Santander themselves. Included in the memo is a request to identify agencies who have refused to comply the certification mandate for the purposes of identifying gaps in coverage.
November 8th through November 15th The RSIG University will be offering a special discount for Non-RSIG Members on full CRA courses in honor of Veterans Day, and those who have served our country. Since there are so many in the industry that have served, or have family that is serving or has served our country we are offering the opportunity for a special discount, regardless of membership with RSIG.
When the words “bank”, or “lending institution” are mentioned, what “images” do these words conjure up in the minds of most people? Trust, confidence, a place where Professionals advise you on matters of money and finance. A place where your money is safe because you are dealing with trained, bank certified professionals.
RISC is proud to announce that the Illinois Edition of the C.A.R.S. – Certified Asset Recovery Specialist certification program has been approved by the Illinois Commerce Commission (ICC).
The ICC is responsible for enforcement of the new Illinois Collateral Recovery Act. Both the Illinois Edition and the standard C.A.R.S. programs meets all the Consumer Financial Protection Bureau (CFPB) compliance requirements.
The Illinois Commerce Commission on August 17, 2012 notified RSIG the Certified Recovery Agent education course for Illinois was approved. The course has both Manager and Employee programs that has meet all requirements of the Illinois Commerce Commission for the required education needed to work in the repossession business in Illinois. In addition this course also meets the requirements for education under the Consumer Financial Protection Bureau requirements for third party vendors.