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How Credit Card Debt Collection Works

Taurus Collect

MAY 11, 2023

If you have ever had to deal with credit card debt, you know it can be stressful. Debt collectors call at all hours of the day and pressure is put on borrowers to quickly make payments in full. The three main types are first-party collections, third-party collections, and debt buyer collections.

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Credit Card Debt Collections Collection Agencies Collections Agency 52
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Top 3 Complaints Against Debt Collection Agencies

National Service Bureau

APRIL 15, 2015

Now for the top three: #3: Disclosure verification of debt. Of these, 1,346 related to credit card collections and 1,057 had to do with healthcare collections. Per Section 809 of the FDCPA, debt collectors are required to disclose certain information. 2: Communication tactics.

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Collection Agencies Collections Agency Collections Credit Card Collections 40
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