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What is Commercial Debt?

Debt RR

This debt is used exclusively for business expenses, asset acquisition, and improvements and is ever-present toward the start of most businesses. Due to this, the original creditors will reach out to you to obtain their due payments. Usually, you will have 90 to 120 days to pay.

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How to Stop DNF Associates, LLC

Debt Collection Answers

This agency specializes in acquiring defaulted consumer debts from the original creditors, such as credit card companies and banks. Typically, DNF Associates purchase these debts for as low as 10% of the original amount owed. This agency has gained a reputation as a trustworthy and ethical player in the debt-purchasing industry.

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How to Remove CMRE Financial Services From Your Credit Report

Better Credit Blog

They make their money by coercing payments from you on behalf of original creditors. This kind of information includes the name tied to the debt, the date of debt acquisition, the total amount, and the original creditor.

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How to Remove Radius Global Solutions LLC From Your Credit Report

Better Credit Blog

This means that Radius Global Solutions has acquired your debt from the original creditor and has opened a collection account on your credit report. This is because it is common for information about the debt to get misconstrued when it is transferred from the original creditor to Radius Global Solutions.

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How to Remove CCS Offices From Your Credit Report

Better Credit Blog

CCS Offices is a company that collects debts on behalf of original creditor. This is a letter that asks CCS Offices to provide certain pieces of information about the debt, such as the name, total amount, and date of debt acquisition. Look over this information and note anything that seems off.

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How to Remove National Credit Services from Your Credit Report

Better Credit Blog

If National Credit Services contacts you, it means that they have either been hired by your original creditor or have acquired the debt from your original creditor. This is a letter that asks them to provide certain pieces of information about the debt, such as the name, total amount, and date of debt acquisition.

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How to Remove 11 Charter Bright House from Your Credit Report

Better Credit Blog

The information about your debt can get lost as it is passed from the original creditor to the debt collector. This means that the amount, the date of acquisition, and the creditor may be incorrectly listed on your collection entry. The debt collection process is by no means perfect.