Taurus Collect
FEBRUARY 1, 2024
That’s where a debt collections service steps in—a critical intermediary that takes on the task of pursuing delinquent accounts to ensure that owed funds are recovered. At this juncture, the creditor may turn the account over to an internal collections department or an external debt collection agency.
Collection Industry News
DECEMBER 1, 2022
Collections agencies buy your unpaid credit card debt from your card issuer when your balance lingers too long — but that doesn’t mean it goes away. When a collections representative from your credit card issuer calls you, it’s usually because you haven’t made at least the minimum payment for at least 30 days.
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