Debt Collection Answers
MAY 18, 2023
This agency specializes in acquiring defaulted consumer debts from the original creditors, such as credit card companies and banks. Typically, DNF Associates purchase these debts for as low as 10% of the original amount owed. This agency has gained a reputation as a trustworthy and ethical player in the debt-purchasing industry.
Debt RR
APRIL 5, 2022
This debt is used exclusively for business expenses, asset acquisition, and improvements and is ever-present toward the start of most businesses. Due to this, the original creditors will reach out to you to obtain their due payments. Usually, you will have 90 to 120 days to pay.
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Better Credit Blog
AUGUST 22, 2020
They make their money by coercing payments from you on behalf of original creditors. This kind of information includes the name tied to the debt, the date of debt acquisition, the total amount, and the original creditor.
Better Credit Blog
SEPTEMBER 18, 2020
If National Credit Services contacts you, it means that they have either been hired by your original creditor or have acquired the debt from your original creditor. This is a letter that asks them to provide certain pieces of information about the debt, such as the name, total amount, and date of debt acquisition.
Better Credit Blog
AUGUST 21, 2020
This means that Radius Global Solutions has acquired your debt from the original creditor and has opened a collection account on your credit report. This is because it is common for information about the debt to get misconstrued when it is transferred from the original creditor to Radius Global Solutions.
Better Credit Blog
AUGUST 22, 2020
CCS Offices is a company that collects debts on behalf of original creditor. This is a letter that asks CCS Offices to provide certain pieces of information about the debt, such as the name, total amount, and date of debt acquisition. Look over this information and note anything that seems off.
Better Credit Blog
SEPTEMBER 29, 2020
The information about your debt can get lost as it is passed from the original creditor to the debt collector. This means that the amount, the date of acquisition, and the creditor may be incorrectly listed on your collection entry. The debt collection process is by no means perfect.
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