Taurus Collect

AUGUST 15, 2023

This can result in a lawsuit, and if the court rules in the collector’s favour, they may be able to garnish wages or levy a bank account to recover the debt.

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Debt Free Colorado

FEBRUARY 21, 2022

The Colorado Attorney General’s Office investigates complaints about lenders and creditors licensing non-bank lenders such as finance companies and payday lenders. The Colorado UCCC, in addition to the federal FDCPA, gives additional safeguards to original creditors, third-party debt collectors, and debt buyers.

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Credit Corp

JULY 20, 2020

When you miss too many payments, your creditor may charge off the debt. When your debt is charged off as a bad debt, don’t fool yourself into thinking it goes away. A charged off debt can lead to harassing phone calls, garnished wages, and a major drop in your credit score. on TD Bank's secure website.

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Better Credit Blog

AUGUST 25, 2020

The agency has been in the business of debt collection since 1980. Unlike service providers or banks that may appear on your credit report, MB&W is a debt collection agency. These agencies typically purchase debts from companies at discounted rates, proceeding to hound consumers until they agree to make a payment.

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