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Best Practices for Call Baiting in Debt Collection

PDC Flow

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. Why is call baiting done and what can debt collectors do to prevent the practice?

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The Economic Impacts of the Debt Collection Industry

Credit Management Company

Debt collection has a significant positive impact on the economy in both a micro and macro sense, and collectors abide by regulations that maintain the dignity of consumers. Like any business, debt collectors pay a variety of local, state, and federal taxes based on their profits. Debt Relief.