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Data Security Rules that Collection Agencies Must Follow

Nexa Collect

Fair Debt Collection Practices Act (FDCPA) : While primarily focused on the practices and behaviors of debt collectors, the FDCPA also contains provisions that protect consumers’ personal information. I will outline some general principles and specific regulations in the United States.

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Hot to Remove Credit Collection Services From Your Credit Report

Better Credit Blog

If you’re unable to pay your original creditor, your debt may pass to a debt recovery agency, earning a collection letter and possibly a stain on your credit report. The truth is, debt collectors actually have a set of rules they have to follow when attempting to collect on a debt.

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How to Remove TransWorld Systems From Your Credit Report

Better Credit Blog

Transworld Systems, Inc (TSI) is a well-known debt collection agency in the United States that works with individuals, large companies, and organizations to assist them in debt recovery and past due accounts. Debt Validation. They recently acquired Alltran Financial Services in 2020.

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A Guide to Sending and Receiving Debt Collection Letters

Debt RR

Initiate the legal process: No legal action or harsh debt recovery techniques can be utilized before a debtor receives the collection letter. That is why we compiled tips on how to write a debt collection letter below: Understand the Legal Regulations. The Fair Debt Collection Practices Act is quite broad.