Account Recovery

OCTOBER 11, 2023

A class-action lawsuit has been filed against a pair of healthcare providers, alleging they violated state law in California by sending confidential medical information to a third-party collection agency, which was subsequently publicized as a result of a data breach.

Collection Agencies 148

Collection Agencies Collections Agency Healthcare Collections 148

Nexa Collect

JANUARY 14, 2023

The US government has thrown a slew of laws on collection agencies, making bad-debt recovery harder and costlier. There are thousands of collection agencies in the USA, but most are small. The following changes can result in many collection agencies shutting their businesses. . New Regulations.

Debt Recovery 130

Debt Recovery Government Collection Agencies Collections Agency 130

Nexa Collect

APRIL 27, 2022

We all agree that healthcare costs in the USA are extremely high. Credit bureaus will soon stop reporting medical debts lower than $500, remove medical line items that have been fully paid, and collection agencies now have to wait for 1 year before medical debts can be reported.

Healthcare 130

Healthcare Credit Unions Credit Unions Creditors 130

Credit Management Company

JUNE 14, 2022

Thanks to the Fair Debt Collection Practices Act , or FDCPA, a set of collection laws are in place to standardize the interaction between consumers and third-party collection agencies. While this act does not excuse consumers from paying their debt, it does protect them from unfair or abusive debt collection tactics.

Collections 52

Collections Collection Agencies Collections Agency Fair Debt Collection 52

Better Credit Blog

APRIL 5, 2022

The first step, if you have paid the full collection account, settlement, or have been making regular on-time payments, is to mail the collection agency a “ goodwill letter ” that explains your situation. If you can find inaccurate information, the credit bureau will have to fix the information.

Collections 98

Collections Collection Agencies Collections Agency Original Creditor 98

Fico Collections

FEBRUARY 7, 2023

Developed by FICO in partnership with LexisNexis Risk Solutions and Equifax, this innovative credit score utilizes alternative data—data not included in the traditional credit bureau file. The inclusion of this alternative data leads to a more reliable estimate of consumer credit risk and helps score more than 26.5

Credit Bureau 52

Credit Bureau Loans Consumer Credit Lender 52