Collection Industry News

APRIL 24, 2025

They may attempt to collect payment through letters, emails or phone calls. If you still havent paid after several months, the debt could be sold to a medical collections agency, which will try to collect it. As long as your debt remains with your provider, its not reported to credit bureaus.

Creditworthiness 40

Creditworthiness Debt settlement Collection Agencies Collections Agency 40

Qualco

NOVEMBER 7, 2023

To identify the best solution for Non-Performing Loans (NPLs) , stakeholders such as lenders, servicers, and debt collection agencies need to deploy all available tools, starting a thorough appraisal of the NPL portfolio via a dedicated Workout Unit. Several member nations of the European Union have adopted this approach.

Financial Institution 105

Financial Institution Debtor Loans Collateral 105

Collection Industry News

JUNE 10, 2024

If you still haven’t paid the bill after several months, the debt may be sold to a medical collections agency, which will try to collect on it. How long does medical debt stay on your credit? Medical debt is not reported to credit bureaus as long as it remains with your healthcare provider.

Debt Consolidation 40

Debt Consolidation Healthcare Debt settlement Loans 40