Credit Corp

NOVEMBER 9, 2020

If you or someone you know has dealt with a collection agency, you know how trying it can be. Debt collection agencies have a long history of harassment and illegal practices. Can a collection agency report to a credit bureau without notifying you? The answer might not be that simple.

Collection Agencies 105

Collection Agencies Collections Agency Credit Bureau Collections 105

True Accord

JUNE 25, 2020

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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Collection Agencies Collections Agency Third-party Debt Collectors Collections 63

PDC Flow

MARCH 24, 2025

Your debt collection agency or accounts receivable (AR) departments top priority should be collecting as many payments as possible. That means a collector or agent can direct a customer to a payment portal and stay on the chat to verify the payment went through. Use Bulk Send for large lists of contacts.

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Collections Third-party Debt Collectors Collections Agency Collection Agencies 58

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 Collection Agencies Collections Agency 98

Better Credit Blog

APRIL 6, 2022

If you don’t have the money to pay the balance in full, or if you can’t get the original creditor to remove the charge-off from your credit report, it’s time to dispute the negative entry using a more advanced method. But writing off the debt doesn’t mean the creditor will stop its debt collection efforts.

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Collections Agency Collection Agencies Debt collector Creditors 98

Taurus Collect

JANUARY 2, 2023

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.

Third-party Debt Collectors 52

Third-party Debt Collectors Collections Collection Agencies Collections Agency 52

Collection Industry News

APRIL 2, 2024

The claim: It is illegal for collection agencies to buy debt and ‘come after you’ if you send a cease-and-desist letter A March 27 Facebook post (direct link, archive link) offers advice for consumers facing debt collection. “It It) happens to probably most debts that go unpaid.”

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Collection Agencies Collections Agency Creditors Third-party Debt Collectors 40