Nexa Collect

JANUARY 14, 2023

The US government has thrown a slew of laws on collection agencies, making bad-debt recovery harder and costlier. Lower recoveries mean, low recoveries and extensive loss for businesses and doctors. Our government’s intention behind these laws is not wrong, but the ground reality is different. .

Debt Recovery 130

Debt Recovery Government Collection Agencies Collections Agency 130

Nexa Collect

JUNE 28, 2022

Credit Bureau reporting is done for free by most agencies. Calls from a debt collector are more impactful than written demands. In a fixed fee service, a debt collector is not involved. After the collection agency fails to recover money for you, they will now insist that you transfer accounts to the contingency service.

Debt Recovery 100

Debt Recovery Collection Agencies Collections Agency Collections 100

Nexa Collect

JUNE 4, 2022

Moreover, the new business had stopped coming since people were not going to their offices and debt recovery was the last thought in their minds. CFPB rules: On November 30, 2021, the CFPB’s new Debt Collection Rules became effective, becoming a major roadblock for the entire Collections industry.

Collection Agencies 130

Collection Agencies Collections Agency Collections Debt Recovery 130

Nexa Collect

FEBRUARY 15, 2023

Open-ended contract with no minimums and free credit bureau reporting. Contact us if you need a collection agency with the following features. No setup fee and no hidden charges. We guarantee it. High collection rates and an easy-to-use online client portal. Offers both Fixed-fee service and Contingency-only based collection services.

Collection Agencies 130

Collection Agencies Collections Agency Collections Credit Bureau 130

Nexa Collect

APRIL 27, 2022

Shouldn’t all unpaid debts ( medical or otherwise), be reported to credit reports in the same way? Forcefully suppressing unpaid medical debts from credit bureau reporting will certainly result in many unintended consequences. Then let the lenders decide which one they want to consider or ignore.

Healthcare 130

Healthcare Credit Unions Credit Unions Creditors 130

True Accord

JUNE 29, 2023

Not only are data breaches costly because of the notification provisions, including providing credit bureau monitoring, it can be difficult for a company to survive after a breach. Learn how TrueAccord weaves compliance and data security into debt recovery by scheduling a consultation today»»

Collections 98

Collections Financial Institution Debt collector Debt Recovery 98

Collection Industry News

MARCH 22, 2022

In a separate incident, Debt-IN Consultants, a professional debt recovery solutions partner to many South African financial services institutions, announced on 22 September that a ransomware attack by cybercriminals resulted in a significant data breach of consumer and employee personal information.

Debt Recovery 40

Debt Recovery Credit Bureau Financial services Banks 40