Collection Agencies Collection Agent Education 
Payment Savvy
JUNE 24, 2020
Over time, however, agents do lose their zeal and ambition to rectify delinquent accounts. This is where collection agent incentive programs come in to save the day. These incentive programs motivate debt collection agents to work harder and, in turn, keep your collection agency in the black.
Credit Management Company
APRIL 5, 2022
One way is to hire collection agencies. Finding the best collection agency partner is a reliable way to get the money your business needs. With effective collection agents, you can get paid faster and increased legal protection. Different agencies receive smaller or larger portions of your debt collection.
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PDC Flow
FEBRUARY 27, 2025
The debt collection process can be tricky. Collection agencies must follow regulations strictlyor youll find your business in jeopardy. Compliance can be even harder when scammers actively try to disrupt your debt collection practices through call baiting. Education: Educate your employees.
Credit Management Company
OCTOBER 5, 2018
State and local governments collected $652 million, paying for things like: Transit infrastructure. Collection agencies also pay property taxes through their leases or real estate claims, and those taxes go to pay for local schools in their community. Collection efforts are not a zero sum game. Public utilities.
CSA
MARCH 24, 2021
Creditors and collections agencies have continued to signpost customers towards independent and free debt advice throughout this period, and with StepChange Debt Charity marking the week of 22 March as ? but our ability to influence financial education and public information is limited. early engagement?
Payment Savvy
JUNE 16, 2020
For example, the Fair Debt Collection Practices Act (FDCPA) prohibits abusive, deceptive, and unfair practices during debt collection. As such, you want agents to be well-trained before ever speaking a word to a debtor. Educate Yourself on the Account. Be prepared before ever reaching out to a consumer.
Troutman Sanders
JUNE 21, 2023
Department of Education and falsely promising student loan debt relief. State Activities: On June 16, Nevada Governor Joe Lombardo approved SB 276 as an update to the state’s Collection Agency Licensing Act. On June 14, the FTC announced that it is sending payments totaling more than $3.3 For more information, click here.
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