article thumbnail

Breaking BAD | A day in the life of an Onguard Collections Agent

On Guard

Breaking BAD | Big Aged Debt. A day in the life of an Onguard Collections Agent. According to the CICM, the most important report for any credit manager is the Aged Debt report. The bigger and older the debt the bigger the risk. DEBTOR COCKPIT – AGENT HAS FULL OVERVIEW OF INDIVIDUAL ACCOUNT POSITION.

article thumbnail

How To Deal with Debt Collectors When You Can’t Pay

Better Credit Blog

Debt collectors often don’t need to resort to tactics that break the law. They play with your emotions, tapping into your existing fears and stigmas about debt collection. But, under federal law, a legitimate debt collector must first successfully sue you in civil court to be able to garnish your wages.