Acquisition Fair Debt Collection Lender Original Creditor 
Better Credit Blog
AUGUST 31, 2020
This is because they must open a collection account on your credit report before they can begin pursuing you for payment. Collection accounts on your credit report can influence your credit score for up to seven years, even if you pay off the debt. This legislation is called the Fair Debt Collection Practices Act.
Better Credit Blog
AUGUST 22, 2020
If you have a debt that you haven’t paid yet, you may have heard from a debt collector called CCS Offices. CCS Offices is a company that collects debts on behalf of original creditor. They do this by either purchasing the debt or collecting the payments and taking a portion for themselves.
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Better Credit Blog
SEPTEMBER 29, 2020
Debt collectors can cause a lot of problems for your credit score down the line. Collection accounts can hurt your credit score for up to seven years even after you pay off the debt. They can also be viewed by lenders down the line, which means you could be denied loans or credit cards.
Better Credit Blog
AUGUST 31, 2020
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. Debt collections is a tricky business, and it isn’t perfect by any means. Hire a Professional.
Better Credit Blog
AUGUST 17, 2020
Collection accounts can hurt your credit score even after you pay off the debt. These entries remain on your credit report for up to seven years, which means that they can be viewed by creditors and lenders. Request Debt Validation. The debt collection process is by no means perfect. Know Your Rights.
Better Credit Blog
AUGUST 7, 2020
Having collection accounts on your credit score is incredibly damaging to your credit health. Future lenders are able to see any collection accounts on your credit report and can deny you loans based on your history. The first step when dealing with debt collectors is to request that they only communicate with you in writing.
Better Credit Blog
SEPTEMBER 18, 2020
Collection accounts are a black mark on your credit report. They can remain on your report for up to seven years even if you pay the debt. Future lenders can see them and make loan decisions based on the fact that you failed to pay a debt. This is a way that you can get the collection entry deleted on a technicality.
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