Better Credit Blog

APRIL 1, 2022

A good credit score allows you to get better rates on car or mortgage loans just to name a few. If you fall into hard times, the inability to pay off your credit card bills or student loans can result in your debts being transferred to a debt collection agency.

Collection Agencies 77

Collection Agencies Collections Agency Garnishment Fair Debt Collection 77

Collection Industry News

JUNE 1, 2023

Expanding Debt Markets: Debt markets have witnessed significant expansion in recent years, both in developed and emerging economies. The growing complexity of financial products, such as credit cards, mortgages, and student loans, has led to a surge in outstanding debts.

Collections 40

Collections Collection Agencies Collections Agency Debt collector 40

Credit Corp

JUNE 1, 2023

When you default on a payment, the company you owe may sell your debt to a third-party collection agency. When this happens, it means your debt has gone to collections and debt collectors from the collection agency will now try to contact you for payment. Is It Worth It to Pay Off Collections?

Collections 126

Collections Debt collector Collection Agencies Collections Agency 126

Better Credit Blog

APRIL 3, 2022

Portfolio Recovery Associates, LLC, is a collection agency that buys old debts from lenders and companies that have been unable to collect the debt themselves. Portfolio Recovery buys multiple accounts with old debt from companies that have given up and “charged off” the accounts. Ask Lex Law for Help.

Debt collector 87

Debt collector Collection Agencies Collections Agency Garnishment 87

Sawin & Shea

AUGUST 24, 2020

Whether or not you file for bankruptcy also depends on the kind of debt you have. Bankruptcy will wipe out credit card debt, medical bills, and personal loans, but will not eliminate primary obligation debt; things like student loans, child and spousal support, and newer tax debt.

Chapter 13 bankruptcy 98

Chapter 13 bankruptcy Bankruptcy Chapter 7 bankruptcy Debt collector 98

Collection Industry News

DECEMBER 11, 2020

The advisory opinion program is of special interest to the debt collection agency. With the recent release of its final debt collection rule—Regulation F—the CFPB specifically cited the advisory opinion program as a place for debt collectors to seek clarification of the new requirements and safe harbors.

Debt collector 40

Debt collector Student loans Student Loans Fair Debt Collection 40

Sawin & Shea

FEBRUARY 1, 2023

Some debts are not dischargeable : Student loans Some taxes Overdue child and spousal support Debts arising from willful and reckless acts, embezzlement, fraud, or larceny Any debts you did not list when you filed for bankruptcy (unscheduled debts) unless the creditor learns of your bankruptcy case.

Debt collector 64

Debt collector Bankruptcy Creditors Collection Agent 64

National Service Bureau

SEPTEMBER 9, 2015

It’s no secret that student debt is at an all-time high. According to the US Department of Education, there are more than 40 million student loan borrowers who owe more than $1.2 Unfortunately, this means student loans (unless you have access to scholarships, independent wealth, grants, or other resources).

Debt collector 40

Debt collector Student loans Student Loans Collection Agencies 40

Burt and Associates

AUGUST 22, 2019

In the past, the Internal Revenue Service (IRS) has failed to turn their debts over to private debt collectors successfully. In 2017, the Fair Debt Collection Practices Act was passed, trying yet again. There have been many complaints from taxpayers about how those private companies go about collecting debts.

Collections 56

Collections Debt collector Collection Agencies Collections Agency 56

Better Credit Blog

AUGUST 25, 2020

Though they collect from debtors across the nation, their headquarters are in Cleveland, Ohio. Unlike service providers or banks that may appear on your credit report, MB&W is a debt collection agency. Collections consulting. Here’s how: Submit a debt validation letter. Submit a Debt Validation Letter.

Debt collector 52

Debt collector Collection Agencies Collections Agency Third-party Debt Collectors 52

National Service Bureau

NOVEMBER 20, 2015

The CFPB found Discover Bank to be in violation of the Consumer Financial Protection Act in three instances and in violation of the Fair Debt Collection Practices Act in one.for a mistake that might catch other debt collectors unaware. He then continued to receive phone calls from the collection agency.

Debt collector 40

Debt collector Student loans Student Loans Debtor 40

Better Credit Blog

AUGUST 25, 2020

While ignoring Global Crossing won’t help matters, simply paying the collections agency what you owe isn’t the wisest course of action, either. Getting a collection account removed from your credit report could be as simple as asking. is a legit debt collection agency. Your future self will thank you.

Debt collector 53

Debt collector Collection Agencies Collections Agency Student loans 53

Better Credit Blog

SEPTEMBER 8, 2020

It could only take one missed payment on your car loan, credit card, or phone bill to harm your credit score and wind up on a debt collector like Northland Group’s list. Northland Group collects for businesses in a few industries, such as: Auto loans. Student loans. Credit cards. Government. Healthcare.

Debt collector 52

Debt collector Collection Agencies Collections Agency Collections 52

Better Credit Blog

SEPTEMBER 23, 2020

Consumers can write them at their mailing address below: Allied Collection Service, Inc. Allied collects for service providers and lenders in the following industries: Commercial debt. Medical debt. Retail debt. Student loans. 3 Ways to Remove Allied Collection Service from Your Credit Report.

Collections 52

Collections Debt collector Third-party Debt Collectors Fair Debt Collection 52

Credit Corp

DECEMBER 14, 2020

Whether you have medical debt, credit card debt or unpaid student loans , getting calls or letters from debt collection companies can be frustrating. But it’s especially frustrating if your debt is several years old. Ask the creditor to send you written notice of the debt. Settle it.

Debt collector 98

Debt collector Collections Judgment Collection Agencies 98

Better Credit Blog

SEPTEMBER 9, 2020

This can mean that you may be passed over for loan and credit card approvals in the future. The only way to get your credit score back on track is to remove the collection entry as soon as you can. Originally founded in 1975, Sunrise Credit Services is a medium-sized debt collection agency that employs about 600 employees.

Debt collector 101

Debt collector Collections Loans Creditors 101

Better Credit Blog

SEPTEMBER 8, 2020

If you begin to hear from a debt collection agency called Pioneer Credit Recovery, it is likely because you have defaulted on a loan or forgotten to pay a bill. In addition to showing up on your call logs, they will also appear on your credit report as a collection agency.

Debt collector 52

Debt collector Collection Agencies Collections Agency Collections 52

Better Credit Blog

NOVEMBER 23, 2020

Using the strategies outlined below, you can say goodbye to debt collectors and get your score back on track. or FMS Corp, is a third-party debt collection agency headquartered in Tulsa, Oklahoma. The agency also has a location in Boise, Idaho. All in all, the agency is completely legit. Medical debt.

Debt collector 52

Debt collector Collection Agencies Collections Agency Collections 52

Credit Corp

JULY 7, 2021

In California, is there a 3 or 4 years of limit by which the collection agency can file lawsuit? Can they still collect but not sue? Debt still stays on credit files. The statute of limitations varies from state to state, and may be different for various types of consumer debts. Reduce Your Student Loan Payments.

Debt collector 52

Debt collector Collection Agencies Collections Agency Student loans 52

Better Credit Blog

NOVEMBER 2, 2020

Have you failed to make payments on a debt that’s hanging over your head? Action Financial Services is a debt collection agency that may have been hired by the original owner of your debt. This can jeopardize your ability to qualify for loans or credit cards. Send a Debt Validation Letter.

Financial services 74

Financial services Debt collector Collection Agencies Collections Agency 74

Better Credit Blog

SEPTEMBER 11, 2020

Also known as Collection Company of America, EOS CCA is a large collection agency that currently employs about 6,000 employees. They collect a variety of debts including those from banks, telecommunication companies, student loan providers, college and universities, and more. Request Debt Validation.

Debt collector 62

Debt collector Original Creditor Collection Agencies Collections Agency 62

Better Credit Blog

SEPTEMBER 9, 2020

This is because collection accounts on your credit report can have a significant impact on your score for up to seven years. You may even be turned down for loans and credit cards because of it. Collection accounts are a negative mark on your credit report, and it is important that you remove them as soon as you can.

Financial services 52

Financial services Debt collector Collection Agencies Collections Agency 52

Better Credit Blog

SEPTEMBER 4, 2020

Under the Fair Debt Collection Practices Act (FDCPA), you have the right to request that Rausch Sturm communicates with you strictly through U.S. Originally founded in 2008, Rausch Sturm is a medium-sized debt collection agency out of Brookfield, WI. Ask Sky Blue for Help. What is Rausch Sturm?

Debt collector 52

Debt collector Collections Credit Unions Credit Unions 52

Better Credit Blog

AUGUST 31, 2020

Headquartered in Houston, GC Services is one of the largest debt collection agencies in the country. They grossed over $100 million in revenue in 2019 and collect a variety of debts including student loan, health care, telecommunications, retail, government, and more. What is GC Services?

Debt collector 52

Debt collector Collections Student loans Student Loans 52

Better Credit Blog

OCTOBER 14, 2020

Asset Recovery Solutions, LLC, is a completely legit debt collection agency headquartered in Illinois. While you might not be familiar with Asset Recovery Solutions, it collects on a wide range of debts, such as: Auto loans. Consumer debts. Credit card debt. Retail debt. Student loans.

Debt collector 52

Debt collector Collection Agencies Collections Agency Retail 52

Better Credit Blog

OCTOBER 19, 2020

Account Control Technology is a debt collector, and if they’re contacting you, it means you probably let a payment slip through the cracks. Confronting a collections agency about your debt can be stressful, especially when you’re receiving countless calls and constant messages from them. Consumer finance debt.

Debt collector 52

Debt collector Collection Agencies Collections Agency Third-party Debt Collectors 52

Better Credit Blog

OCTOBER 19, 2020

Account Control Technology is a debt collector, and if they’re contacting you, it means you probably let a payment slip through the cracks. Confronting a collections agency about your debt can be stressful, especially when you’re receiving countless calls and constant messages from them. Consumer finance debt.

Debt collector 52

Debt collector Collection Agencies Collections Agency Third-party Debt Collectors 52

Better Credit Blog

NOVEMBER 4, 2020

Your credit score has more of an impact on your life than you might realize, often acting as the deciding factor when you want to buy a house, purchase a car with financing, or get a student loan. If Resurgent Capital Services is on your credit report as a collections entry, it’s important to get them deleted, ASAP. to 9 p.m.

Debt collector 67

Debt collector Third-party Debt Collectors Collection Agencies Collections Agency 67

Troutman Sanders

DECEMBER 27, 2021

Federal Activities: On December 22, President Joe Biden announced that the pause on federal student loan repayments would be extended for an additional 90 days through May 1, 2022. State Activities. Privacy and Cybersecurity Activities. For more information, click here.

Financial services 52

Financial services Third-party Debt Collectors Debt collector Student loans 52

Troutman Sanders

JANUARY 9, 2024

On January 3, Fannie Mae announced that during the weekend of January 20, it will update its loan underwriting system, Desktop Underwriter, to support changes to FHA and VA loan limits. On January 2, the CFPB published a blog titled, “Holding Debt Collectors Responsible for False Statements.” For more information, click here.

Financial services 52

Financial services Student loans Student Loans Debt collector 52

Troutman Sanders

APRIL 26, 2021

Our bank and loan servicing clients also face novel challenges affecting their industry due to COVID-19, particularly the ever-changing rules and regulations concerning evictions and foreclosures. On April 21, the Fair Debt Collection Practices for Servicemembers Act passed the House of Representatives under suspension of the rules.

Financial services 52

Financial services Debt collector Loans Banks 52

Troutman Sanders

AUGUST 2, 2021

Our bank and loan servicing clients also face novel challenges affecting their industry due to COVID-19, particularly the ever-changing rules and regulations concerning evictions and foreclosures. For more information, click here. For more information, click here. For more information, click here. For more information, click here.

Financial services 52

Financial services Foreclosure Student loans Student Loans 52