Remove Collections Agency Remove Lender Remove Third-party Debt Collectors
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Selling your debt vs. hiring a debt collection agency

True Accord

Debt sales play a unique role in the collections industry, as choosing between selling to a debt buyer and placing accounts with a third-party debt collector can make or break a brand. What is a debt buyer? Selling your debt to a debt buyer. Pros of selling your debts.

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Dealing with Debt Collectors

Debt Free Colorado

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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How Do Collections Accounts Affect Your Credit?

Taurus Collect

If you fail to pay back your creditor or lender or miss out on instalments regularly, they may resort to a debt collection agency or sell your account to a debt buyer. However, they most likely will call you or send emails to inform you about selling your account to a debt buyer.

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3 Ways To Remove Charge-Offs From Your Credit Report

Better Credit Blog

In fact, the company might even hire a third-party debt collector to handle the collection process. This is important to understand in case you’re contacted by a collection agency you don’t recognize. Lenders rarely extend credit to people with even one charge-off on their credit report.

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How To Remove Ad Astra Recovery Services, Inc. From Your Credit Report

Better Credit Blog

Is Ad Astra Recovery Services stressing you out with calls about outstanding debts? Being contacted by a collections agency can be frustrating, but the damage to your credit score can be far worse than their persistent phone calls and letters. Sometimes, the agency might be hired to help collect and process your payments.

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How To Remove MBA Law Offices/CAPIO from Your Credit Report

Better Credit Blog

Fortunately, there are a few strategies you can use to get a collections agency like MBA off your report and improve your credit score. Bluhm and Associates, the small debt collection agency/law firm is located in Texas and collects medical debts across the country. Get proof of the debt.

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How To Remove Penn Credit from Your Credit Report

Better Credit Blog

Has your credit score recently taken a dive as a result of a collections entry from Penn Credit? If you forgot to pay a bill or you’ve gotten behind on payments to a lender or service provider, it can have some nasty effects on your credit. Penn collection agency. Get your debt validated. Get Your Debt Validated.