Collection Companies Creditors Debt collector Debt Recovery 
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. Introduction Debt collectors, often viewed with a mix of apprehension and uncertainty, play a significant role in the credit economy.
Taurus Collect
SEPTEMBER 15, 2022
However, the Financial Conduct Authority (FCA) has set specific rules and guidelines regarding how Debt Collection Agencies should operate and the policies they must follow to support vulnerable customers. Below are five typical tactics debt collectors are forbidden to practice while collecting debts.
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Taurus Collect
JANUARY 20, 2023
Are you being contacted by debt collectors? It can be tricky trying to deal with a debt collection agency , but understanding why and how they check your credit score is the key to regaining control of the situation. This allows debt collectors to assess the risk associated with extending you credit or initiating a loan.
Taurus Collect
JUNE 13, 2022
The debt collection process involves recovering debts from the borrower who has initially failed to repay or recover payments on accounts that are past their due date. When asked about “what collection agencies do?”, most people tend to think of a debt collector trying to contact debtors about some unresolved debts.
Taurus Collect
SEPTEMBER 20, 2022
When an account becomes past due, your creditor may attempt to collect the amount owed or hire a debt collection agency. While there are several legitimate debt collection agencies in the industry, you should not overlook the chances that a scammer might try to take advantage of your debts.
Taurus Collect
JANUARY 24, 2023
But while it can be exciting to think about that refund cheque hitting your bank account soon, there’s another equally pressing reason why you should pay attention this tax season – debt collection! However, dealing with debt collectors can be intimidating if you don’t know how to handle them properly.
Collection Industry News
SEPTEMBER 8, 2020
Entities are performing debt collection activities. Debt collection means requiring debtors to pay creditors outstanding due or overdue amount or property as obligated by a contract or by a decision of a competent State’s authority. In addition to debt collectors operating under Decree No.
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