What California’s New MCA Debt Collection Protections Mean for Your Business
Quick Summary As of January 1, 2025, California’s Rosenthal Fair Debt Collection Practices Act (RFDCPA) extends consumer-style protections to small business debts, including merchant cash advances. MCA borrowers can now demand debt verification, challenge harassment, and report violations to regulators. Introduction A key criticism of merchant cash advances (MCAs) is their lack of protection for […]
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