What Is A Collection Agency
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What Is A Collection Agency
- The Federal Trade Commission (FTC), the nation’s consumer protection agency, enforces the Fair Debt Collection Practices Act (FDCPA), which prohibits debt collectors from using abusive, unfair, or deceptive practices to collect from you.
- Under the FDCPA, a debt collector is someone who regularly collects debts owed to others.
- This includes collection agencies, lawyers who collect debts on a regular basis, and companies that buy delinquent debts and then try to collect them.
- https://collectionagency.info can help you find a licensed, FDCPA compliant collection agency to get paid for the work you have done or products you have sold.
We hope you liked watching this what is a collection agency film. If you are looking to hire a collections agency, use the form on the top left of this page to get free collection agency quotes now.
A collections agency goes after payments of debts owed by individuals or businesses. Most collection agencies operate as agents of creditors and collect debt a percentage (contingency) of the amount collected.
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What Is A Collection Agency