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What Is a Debt Collector and Why Are They Contacting Me?

Taurus Collect

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? Why Are They Contacting Me?

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How communicating with a debt collector can resolve your debt

American Profit Recovery

If you have an outstanding debt and you are being contacted by a collection agency, pick up that phone, answer that e-mail or respond to that text message. You’ll start the process of getting out of debt and lower your anxiety at the same time. First, you begin the process of getting out of debt. Pick up the phone.

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Soon, Debt Collectors Can Contact You on Social Media

Sawin & Shea

On top of phone calls, emails, and text messages, the Consumer Financial Protection Bureau (CFPB) will allow debt collectors to message you through Facebook, Instagram, Twitter, and almost any other social media channel. The new rule also loosens the restrictions on how often creditors can contact you. Unlimited text messages.

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Mainstream Media Picks up Scent of Social Media Contacts Following Enactment of Reg F

Account Recovery

When the Consumer Financial Protection Bureau issued its proposed debt collection rule back in May 2019, there were a rash of headlines in the mainstream media warning consumers that debt collectors were going to start messaging them on Facebook and other social media platforms.

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What happens when debt collectors are nice to consumers?

American Profit Recovery

The process of debt collections should be no different. Nice debt collectors help build cash flow for a business. If you are looking to hire a collection agency for your business, you will want to know that whoever is contacting your customers is doing it professionally and treating them with tact.

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ACA International CEO Mark Neeb Refutes Claims that Debt Collectors are Targeting Economic Stimulus Checks

Account Recovery

. – ACA International CEO Mark Neeb released a statement today refuting claims that debt collectors are targeting economic stimulus checks.

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Recommendations for Debt Collectors Working from Home

Nexa Collect

As per my knowledge, there are no clear guidelines from the government for a debt collector who wants to work from home. The debt collector should not have the ability to install new programs or use external devices like a USB drive that can be used to copy the data.