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Top 6 Complaints Against Debt Collection Companies

National Service Bureau

Debt collection companies walk a fine line between business efficiency in their primary function (accounts receivable management), while at the same time needing to respect the fact that the debtor is a valuable client to the business for whom they are running collections. 5: Improper contact or sharing of information.

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Survey: Consumers Talk Financial Regrets, Credit Scores and Debt

True Accord

Conducted by OnePoll and commissioned by TrueAccord , a digital debt collection company, the study revealed 77% of respondents have lost an average of nine hours of sleep per week due to their financial woes. On the other hand, people feel satisfaction (36%) and happiness (22%) when making a payment.

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CFPB Weighs Ban On Medical Debts In Credit Reports

Collection Industry News

Medical debt, unlike a mortgage or car loan, is often incurred involuntarily. Credit reports and scores are used by lenders to determine if you qualify for a loan, and what interest rate you pay. Of particular concern, the report said, is that collection agencies may be reporting inaccurate data to the credit bureaus.

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How To Remove Fidelity National Collections From Your Credit Report

Better Credit Blog

Fidelity National Collections is a medical debt collection company that works on behalf of healthcare providers to recover unpaid balances. Apart from their calls and letters, Fidelity Collections can have a detrimental effect on your credit score. About Fidelity National Collections.

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How to Remove Credit Control Corp From Your Credit

Better Credit Blog

If you forget to pay a bill, you may begin to hear from a debt collection agency called Credit Control Corp. Credit Control Corp is a debt collection company that collects payment on your debt on behalf of the original creditor. What is Credit Control Corporation? Make sure that you are honest and polite in your letter.

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A New Era for Debt Collection?

Burt and Associates

Consumer Debt and Collections 2.1 Introduction: Provides an overview of the consumer debt landscape and its influence on the debt collection industry. Trends: Discusses trends in consumer debt levels, highlighting the steady increase in non-housing debt driven by rising credit card and auto loan balances. Consumer Debt 2.1.1

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How to Remove AAA Collections from Your Credit Report

Better Credit Blog

Collections accounts like these on your credit report are damaging to your credit score and can prevent you from being approved for loans and credit cards down the line. If you are interested in learning how to remove a AAA Collections collection entry from your credit report, check out our full how-to guide below.