News Release: DBA International, the association for debt buyers, has announced a new tagline, Setting the Standard for Receivables Management, which reflects the associations mission to uphold "the highest and most comprehensive industry standards" and recognizes that members are "committed to protecting consumers and the industry," according to a news release.
The new theme, which represents the vision of the DBA membership, will be integrated into all DBA materials and communications starting in May.
Setting the Standard for Receivables Management evokes the forward-looking and optimistic momentum of DBA Internationals members and a recently adopted certification program.
Members felt strongly that the tagline speak to the value of DBA Internationals certification program which has set the standard for the industry. The tagline invites members, consumers and regulators on a journey to define and achieve the highest standards by integrating best business practices with consumer protections and education, according to the news release.
Bryan Faliero, president of the DBA Board of Directors, called the tagline "aspirational and inclusive" and added that the phrase conveys a commitment to the receivables industry and acknowledges the pride our members feel.
According to the news release, DBAs highly regarded Certification Program demonstrates a commitment to uniform industry standards and established best practices. When a company or individual becomes certified, they are demonstrating a commitment to operating pursuant to the highest ethical standards, and abiding by the programs standards of excellence.
Debt buyers and the collection industry play an integral role within the complex credit based economy. Upholding the highest standards in receivables management protects consumers by ensuring they continue to have access to credit at affordable interest rates which would not otherwise exist if defaults on credit were uncollectible. These comprehensive standards also enhance consumer purchasing power by mitigating the losses that businesses would otherwise have to pass on in the form of higher prices, according to the news release.