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Can a Collection Agency Report to the Credit Bureau Without Notifying You?

Credit Corp

Knowing illegal debt collection practices can help identify when you’re being treated unfairly. The Fair Debt Collection Practices Act is a federal law that protects consumers against certain unfair collection practices. It does not come into play for creditors collecting their own debts.

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3 Tips for Hiring a Debt Collection Agency

National Service Bureau

Debt collectors sometimes have a bad rap, but the truth is that they provide an important service to society so long as their practices are ethical in nature (i.e. Debt collection companies may have Errors and Omissions (E&O) Insurance in addition to the surety bond they are required to maintain with the state.