Collections Creditors Third-party Debt Collectors 
Nerd Wallet
NOVEMBER 16, 2020
Working with third-party debt collectors can be confusing and scary. adults with debt in collections, knowing their legal rights is crucial. The Fair Debt Collection Practices Act covers third-party debt collectors — those who buy a delinquent debt from an original creditor, like a credit card company.
Account Recovery
MARCH 14, 2023
The National Consumer Law Center has submitted a petition to the Consumer Financial Protection Bureau requesting that original creditors be responsible for furnishing information related to debt collection activity undertaken by third-party debt collectors or debt buyers, and that collectors should be required to review documents like the original (..)
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
PDC Flow
MARCH 24, 2025
Your debt collection agency or accounts receivable (AR) departments top priority should be collecting as many payments as possible. Top Customer Engagement Strategies Most companies have shifted from phone and mail toward primarily online, email, and SMS channels to better manage payment collection efforts.
Nerd Wallet
FEBRUARY 18, 2022
A debt collector is a person, agency or company responsible for collecting money owed, usually on a past-due account. Lauren Schwahn writes for NerdWallet.
Roths Child Law
NOVEMBER 7, 2020
Congress needs to enact laws expanding consumer protections against abusive debt collection, the U.S. Defendant debt collector Santander Consumer USA Holdings ultimately prevailed because it was not collecting money on behalf of a third party. Bankruptcy filings stop debt collections.
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? It does not come into play for creditors collecting their own debts.
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. All debt buyers are not created equally, as some may also own fully functional debt collection agencies.
Expert insights. Personalized for you.
111 
Let's personalize your content