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How Credit Card Debt Collection Works

Taurus Collect

Overview of The Credit Card Debt Collection Process Credit card debt collection can be a stressful experience for both the debtor and the creditor. The process begins when the debtor stops making payments on their credit card and goes into default.

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Top 3 Complaints Against Debt Collection Agencies

National Service Bureau

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. Credit card collections again led the way with 1,660 complaints. 2: Communication tactics.