Debt Free Colorado

FEBRUARY 21, 2022

When collecting a debt from you, collection agencies must adhere to federal and state rules. Fortunately, the federal Fair Debt Collection Practices Act (FDCPA) protects all states. Consumer debts include credit card debts, vehicle loans, medical costs, and school loans.

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Debt collector Fair Debt Collection Collections Agency Collection Agencies 98

Credit Corp

JULY 20, 2020

A charged off debt can lead to harassing phone calls, garnished wages, and a major drop in your credit score. Credit card debt was more likely to be charged off than other forms of debt. But what is a charge-off, and how much does it impact your credit if your balance is charged off as bad debt?

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Debt Consolidation Creditors Creditworthiness Third-party Debt Collectors 98

Better Credit Blog

OCTOBER 21, 2020

Absolute Resolutions Investments LLC is a debt collection agency. If they’re contacting you or have appeared on your credit report, it’s important to handle the situation as quickly as possible. While one collections entry might not do terrible damage to your credit, it can lower your score for 7 years.

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Collections Agency Collection Agencies Debt collector Retail 52

Better Credit Blog

OCTOBER 21, 2020

Absolute Resolutions Investments LLC is a debt collection agency. If they’re contacting you or have appeared on your credit report, it’s important to handle the situation as quickly as possible. While one collections entry might not do terrible damage to your credit, it can lower your score for 7 years.

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Collections Agency Collection Agencies Debt collector Retail 52

Collection Industry News

JUNE 1, 2023

The growing complexity of financial products, such as credit cards, mortgages, and student loans, has led to a surge in outstanding debts. This presents a substantial opportunity for debt collection agencies to assist lenders in recovering unpaid debts and managing default risks.

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Collections Collections Agency Collection Agencies Debtor 40

Troutman Sanders

MAY 9, 2023

On May 1, the Federal Trade Commission (FTC) announced a permanent ban from debt relief telemarketing for operators of debt relief scam. The FTC charged the defendants with taking tens of millions of dollars from people by falsely promising to eliminate or substantially reduce their credit card debt.

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Financial services Student loans Student Loans Loans 52