Credit Corp

MARCH 1, 2023

In This Piece How Debt Buying Works Why Are Debt Buyers Used? Can You Buy Your Own Debt? How to Deal with Debt Buyers Manage Your Debt Better How Debt Buying Works Debt buying occurs when creditors gather old debts—also sometimes called bad debts—into portfolios.

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Taurus Collect

NOVEMBER 15, 2023

The debt collector should provide you with the necessary information and assistance to do so. Right to a written notice: Upon initial contact, the debt collector must send you a written notice within 5 days containing the amount of debt, the name of the creditor, and what action to take if you dispute the debt.

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Taurus Collect

NOVEMBER 15, 2023

As a debtor, you have the following rights: Right to Privacy: Debt collectors are not allowed to share information about your debts with anyone else except your attorney or the original creditor. Right to Dispute the Debt: If you believe the debt is not yours, or the amount is incorrect, you can dispute it.

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Debt Collection Answers

MAY 18, 2023

This agency specializes in acquiring defaulted consumer debts from the original creditors, such as credit card companies and banks. Typically, DNF Associates purchase these debts for as low as 10% of the original amount owed. The company prides itself on maintaining high standards of compliance.

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Taurus Collect

FEBRUARY 1, 2024

A debt collector might sound like a character from a Charles Dickens novel, but if you’ve been contacted by one, you know they’re very much a reality of modern financial life. So, what exactly is a debt collector? What Is a Debt Collector?

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Credit Corp

AUGUST 24, 2020

If your debt goes into collection , it’s imperative you know your debt collection rights. Collectors must provide a written notice explaining the debt—including the amount, the name of the original creditor, and your right to dispute the debt—within five days of contacting you the first time.

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