Better Credit Blog

JULY 13, 2020

Nationwide Recovery Service will appear on your credit report as a collection agency. This is because the original creditor of your debt has hired them to recover payments from you. You may find that the same debt is listed twice: once for the original creditor and once for Nationwide Recovery Service.

Debt collector 52

Debt collector Collections Agency Collection Agencies Fair Debt Collection 52

Credit Management Company

FEBRUARY 22, 2022

Read on to discover all you need to know about debt collection agencies. Myths About Using a Collection Agency: Paying the Original Creditor to Bypass Agencies. Many people believe they can get around dealing with debt collection agencies by paying their original creditors directly.

Collection Agencies 52

Collection Agencies Collections Agency Collections Debt collector 52

Better Credit Blog

APRIL 1, 2022

If you’re unable to pay your original creditor, your debt may pass to a debt recovery agency, earning a collection letter and possibly a stain on your credit report. Therefore, if you’re contacted by a debt collector, simply state that you understand your rights under the Fair Debt Collection Practices Act.

Collections 52

Collections Fair Debt Collection Debt collector Creditors 52

Better Credit Blog

AUGUST 31, 2020

With over 1,200 employees, they are one of the largest debt collectors in the country. They collect on behalf of a variety of industries such as health care, telecommunications, financial institutions, government agencies, utility providers, and many more. This legislation is called the Fair Debt Collection Practices Act.

Debt collector 52

Debt collector Fair Debt Collection Original Creditor Creditors 52

Better Credit Blog

AUGUST 31, 2020

ConServe is a debt collection agency that may contact you regarding unpaid debts. They are a third-party debt collector, which means that they may be hired by your original creditor, or they may purchase your old debt on the chance that you pay them instead. Validate the Debt.

Third-party Debt Collectors 52

Third-party Debt Collectors Debt collector Original Creditor Creditors 52

Collection Industry News

AUGUST 3, 2021

July 22, 2021), the Eastern District of Michigan granted summary judgment in favor of a debt collector, holding that it did not violate the Fair Debt Collections Practices Act (FDCPA) by failing to report that the plaintiff disputed the debt at issue. to collect from plaintiff, Florence Burns (Burns).

Debt collector 40

Debt collector Judgment Fair Debt Collection Original Creditor 40

Collection Industry News

MARCH 23, 2021

Court of Appeals for the Third Circuit recently held that a debt collector did not violate the federal Fair Debt Collection Practices Act (FDCPA) when it sent a consumer a collection letter inviting her to “eliminate further collection action” by calling the company, when in fact only written communication could legally stop collection activity.

Debt collector 40

Debt collector Collections Original Creditor Judgment 40

Taurus Collect

FEBRUARY 1, 2024

What Is a Debt Collector? A debt collector is an entity, often a third-party agency, hired by creditors to recover funds that are past due or accounts that are in default. In the UK, debt collection companies operate under strict regulations set forth by the Financial Conduct Authority (FCA).

Debt collector 52

Debt collector Debtor Collections Agency Collection Agencies 52

Collection Industry News

APRIL 2, 2024

Our rating: False There is nothing illegal about collection agencies buying debt from third parties and attempting to collect it. The post also misrepresents the protections in place to prevent harassment by debt collectors. The $1,000 maximum is also per lawsuit, not per incident as the claim asserts.

Collection Agencies 40

Collection Agencies Collections Agency Creditors Third-party Debt Collectors 40

Better Credit Blog

SEPTEMBER 9, 2020

Originally founded in 2014, Phoenix Financial Services is a small debt collection agency out of Indianapolis, IN. They specialize in collecting debts from medical institutions, student loan providers, and government agencies. This process can identify if there is any inaccurate information tied to your debt.

Financial services 52

Financial services Debt collector Collections Agency Collection Agencies 52

Collection Industry News

SEPTEMBER 8, 2020

THE Fair Debt Collection Practices Act (FDCPA) is a federal law that was enacted in 1978 by the United States Congress to protect consumers from abusive debt collectors. Note, however, that the FDCPA applies only to third party collectors who collect debt for original creditors. Fremont Ave.,

Fair Debt Collection 40

Fair Debt Collection Collections Debt collector Original Creditor 40