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The Importance of Collection Agencies for Small Businesses Affected by Default Accounts

Debt RR

Collecting debts is time-consuming, especially if the debtor refuses to cooperate. Due to the frustration they encounter when collecting debts, they may resort to outsourcing the debt collection process to a collection agency for small businesses. How Collection Agencies Help Small Businesses.

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Making Medical Credit Reporting Harder is a Disaster in the Making

Nexa Collect

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. Now he can qualify for $500,000 loan.

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Top 3 Complaints Against Debt Collection Agencies

National Service Bureau

Last week we wrote about 2014 CFPB complaints against debt collection agencies. Of these, 1,346 related to credit card collections and 1,057 had to do with healthcare collections. Credit card collections again led the way with 1,660 complaints. 5: Improper contact or sharing of information.

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What is Caine and Weiner?

Debt Collection Answers

This is Caine and Weiner, a collection agency. Caine and Weiner specialize in reporting collections accounts on credit reports. Having a collections account from Caine and Weiner on your credit report can damage your credit score and make obtaining loans and other financial activities difficult.

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How to Stop Southwest Credit Systems Today

Debt Collection Answers

Upon receiving calls and pieces of mail from a debt collection agency, a considerable number of people tend to experience panic. By gaining knowledge about the company, you can make informed decisions on dealing with its debt collection efforts. They feel they need help with how to respond. Who are Southwest Credit Systems?

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4 Ways To Remove Collections From Your Credit Report

Better Credit Blog

A collection account will lower your credit score and can generally stay on your credit report for up to seven years. Often, a collection entry will even keep you from getting a mortgage or securing an auto loan, which is why it’s important to do all you can to remove collections from your credit report quickly.

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How To Remove BCA Financial Services, Inc. From Your Credit Report

Better Credit Blog

If you’ve fallen behind on healthcare payments, that’s probably why BCA is on your report. As long as it’s there, a collections account can lower your credit score and hold you back from getting approved for credit cards, loans, jobs, and leases. BCA offers several services, including: Delinquent collection services.