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What Is a Debt Collector and Why Are They Contacting Me?

Taurus Collect

A debt collector might sound like a character from a Charles Dickens novel, but if you’ve been contacted by one, you know they’re very much a reality of modern financial life. So, what exactly is a debt collector? What Is a Debt Collector? Why Are They Contacting Me?

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FTC Cracks Down On Corrupt Debt Collectors

Collection Industry News

Illegal activities included harassing phone calls, bogus threats of arrest or lawsuit, and violations of other provisions of the Fair Debt Collection Practices Act. In many cases, consumers didn’t even owe the debts. The collector’s refusal to provide the information is a red flag it’s a scam. Is the debt yours?

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How To Remove ACS Inc From Your Credit Report

Better Credit Blog

In order to legally collect on your debt, they must first open a collection entry on your credit report. This account shows that you have had a bill move to collections and ACS Inc has a right to collect it. A goodwill deletion will not work for you if you have not already paid ACS Inc for the debt.