Better Credit Blog

AUGUST 31, 2020

Debt collectors are notorious for harassing consumers when they seek repayment, calling excessively and threatening to take actions that may not be legal. What you may not know is that you are protected by the Fair Debt Collection Practices Act (FDCPA), a law designed to keep third-party debt collectors in check when they contact you.

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Better Credit Blog

APRIL 6, 2022

In fact, the company might even hire a third-party debt collector to handle the collection process. Lenders rarely extend credit to people with even one charge-off on their credit report. This is important to understand in case you’re contacted by a collection agency you don’t recognize. It’s a big deal.

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Better Credit Blog

APRIL 1, 2022

This doesn’t mean you no longer owe this credit card debt; it means you no longer owe the credit card issuer the money. Instead, you now owe the money to the third-party debt collector. That said, there is no harm in trying this method even if Capital One still owns your old credit card debt.

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Better Credit Blog

NOVEMBER 17, 2020

That means you have 30 days to mail MBA Law a debt validation letter. If you submit this letter in that timeframe, the agency is required by law to provide evidence of the debt. This could include important details about your original lender or provider, your account number, and dates surrounding your account.

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Debt Free Colorado

APRIL 1, 2021

The payday lenders like Speedy Cash swear up and down that they don’t have anything to do with this, but somehow their customer lists keep getting into the hands of fraudsters. To be clear, I don’t think Speedy Cash had anything to do with sending this specific email. Anyone in a law firm understands how to use BCC.

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Better Credit Blog

FEBRUARY 4, 2021

Here’s a quick breakdown of how debt collection works. When you fall behind on payments, your lender or service provider will make multiple attempts to contact you. If they don’t receive a payment from you, your debt will enter the collections stage. These agencies either: Buy your debt at pennies on the dollar.

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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.

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Better Credit Blog

NOVEMBER 5, 2020

When you forget to pay a bill on a loan, credit card, or medical debt, and the original lender or provider is unsuccessful at getting you to pay your debt, they turn to debt collectors like RMS. However, even if you know that the debt is legit, you could still find success with this strategy.

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Better Credit Blog

SEPTEMBER 21, 2020

Often times, they won’t have the documentation they need from your original lender or service provider. When a collections agency can’t validate a debt, they have to cease their collections efforts. Capital Management Services is a third-party debt collector, meaning they profit by collecting unpaid debts from consumers.

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Better Credit Blog

OCTOBER 14, 2020

Wondering exactly how the debt collection process works? When you miss a payment, your service provider or lender will attempt to collect on the debt you owe them on their own for a time. If their attempts are unsuccessful, they may employ the services of a debt collector like AFS or sell them your debts.

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Better Credit Blog

FEBRUARY 22, 2021

Frontline Asset Strategies is a debt collector that you may hear from when you start to miss payments. They are a third-party debt collector that specializes in recovering unpaid bills from consumers like you or me. auto lenders. education lenders. They collect on behalf of: banks.

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Better Credit Blog

FEBRUARY 19, 2021

If your loved one passed away while carrying debt in one of the industry’s above, you could be contacted by DCM Services to settle the account. Third-party collections agencies are called in when lenders and service providers are unable to collect payments from consumers. Arrange a Pay-for-delete Agreement.

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Better Credit Blog

SEPTEMBER 23, 2020

Allied collects for service providers and lenders in the following industries: Commercial debt. Medical debt. Retail debt. You should obviously start with debt validation if Allied has contacted you in error over a debt you’ve already paid or one that was never yours to begin with. 1607 Central Avenue.

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Better Credit Blog

SEPTEMBER 17, 2020

The Fair Debt Collection Practices Act provides you with yet another advantage, the ability to ask collections agencies to provide validation that you owe what they claim you do. Since A1 Collections is a third-party debt collector, there’s a strong possibility they don’t have the documentation they need.

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Better Credit Blog

AUGUST 31, 2020

When your bills go unpaid for a few months, they may be turned over to a debt collections agency like PMAB LLC. Debt collectors either purchase debts at a discount from lenders and service providers, or they work for the company to collect the debt, earning a percentage of the payment.

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Better Credit Blog

FEBRUARY 24, 2021

They have been collecting on consumer debt since it was founded in 1983. Some third-party debt collectors buy debts for pennies on the dollar. But FNCB is hired by businesses to collect on debts. First National is a certified collections agency headquartered in Nevada. Retail cards.

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Better Credit Blog

FEBRUARY 24, 2021

They have been collecting on consumer debt since it was founded in 1983. Some third-party debt collectors buy debts for pennies on the dollar. But FNCB is hired by businesses to collect on debts. First National is a certified collections agency headquartered in Nevada. Retail cards.

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Better Credit Blog

FEBRUARY 5, 2021

Others employ debt collectors like BRG. This type of third-party agency might: Buy your debts at pennies on the dollar, or. Be paid by the lender to help collect debts. In both cases, they may call and send repeated letters in an effort to collect payment for your debts.

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Better Credit Blog

OCTOBER 19, 2020

Companies opt for assistance from third-party debt collectors like ACT when they are unsuccessful at collecting payments. These debt collectors either buy the debts from the companies (for pennies on the dollar), or they are hired to help with the collections process.

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Better Credit Blog

OCTOBER 19, 2020

Companies opt for assistance from third-party debt collectors like ACT when they are unsuccessful at collecting payments. These debt collectors either buy the debts from the companies (for pennies on the dollar) or they are hired to help with the collections process.

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Better Credit Blog

JANUARY 27, 2021

BC Services is a third-party debt collector that has been hired by a healthcare provider to whom you owe money to get you to make payments on a debt. Lenders can see this account and make loan decisions because of it. Who is this company? How did they get my information?

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Troutman Sanders

MARCH 21, 2023

to explain the application of the Fair Housing Act (FHA) and the Equal Credit Opportunity Act (ECOA) to lenders relying on discriminatory home appraisals. Lanham, et al. Currently pending in the U.S.

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