Consumer debt collection services

Understand how the CFPB’s Debt Collection Rule can help you. On , the Debt Collection Rule became effective. The rule clarifies how debt collectors can communicate with you, including what information they’re required to …

Hiring a consumer collection agency can speed up the clock on overdue payments and improve compliance. Even uncooperative consumers are more willing to work with a consumer collection agency because they understand that their credit history …

Consumer Debt Collection – Simon’s Agency

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Simon’s excels in consumer debt collection. Our collectors’ human-to-human contact with debtors coupled with one-on-one client relations and the vast experience of our management team allow us to recover our clients’ outstanding receivables and continue to demonstrate our proven results time and time again. We understand the importance of good manners when it comes to …

Debt Collection. Debt collectors generate more fraud reports to the FTC than any other industry. Although many debt collectors are careful to comply with consumer protection laws, others engage in illegal conduct. Some collectors harass and threaten consumers, demand larger payments than the law allows, refuse to verify disputed debts, and disclose debts to …

People Also Ask consumer debt collection services

What is debt collection and how does it work?

Your creditor, that is, the company that you owe money to, may try to get their money back by:using its own debt collection department if it has onehiring a debt collection agency to get the money back on its behalfselling your debt to a debt collection agency

What you should know about debt collection?

cannot tell you that you owe a different amount than what you actually owemay not pretend to be an attorney or from the governmentcan’t tell you that you’ll be arrested, or claim they’ll take legal action against you if it’s not true

What can a debt collection agency do to collect debt?

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What debtors should know about debt collection?

Treating the debtor or the business that owes money fairlyStaying within the peripheries that govern the specific industryAvoiding any deceptive or abusive practicesRetraining from making any false statementsNot harassing the debtors verbally or threatening themNot calling them at all hours of the day or night

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Do NOT Pay Collections Agencies | Debt Collectors EXPOSED Video Answer

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