There are 7,060 collections agencies in the U.S.—here’s what to do you if your credit card debt is sent to one
Collection Industry News
DECEMBER 1, 2022
“A collection agency is a company that is hired by lenders, creditors, medical providers and federal and local governments to get you to pay or make arrangements to pay what you owe them,” Eweka tells Select. Rent, student loans and tax debts are other examples of what can get passed on to a collections agency.
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