Certain business models seem to have unshakable stigmas associated with them. Sometimes it’s deserved, such as from decades of unethical or sneaky behavior by players in the industry, and in other ...
The debt collection industry was estimated to be in excess of $13.4B in 2021 with over 7,000 collection agencies. With such fragmentation in the industry, practices by collectors vary widely and the ...
Most business owners who invoice customers for goods or services will encounter the occasional late payment. However, if a customer’s invoice due date has come and gone and you can’t get a firm answer ...
With the new collection agency rule of the Consumer Financial Protection Bureau (“CFPB”) having taken effect on November 30, 2021, 1 we thought we could help round out your understanding of the ...
Complaints about aggressive debt collection have skyrocketed in recent months, federal data shows, a sign that more Americans are falling behind on credit cards and medical bills. The rise in ...
Seriously tax-delinquent clients may soon hear from someone new. Processing Content The Internal Revenue Service has awarded contracts to three private collection agencies for collection of overdue ...
A pay-for-delete agreement is a credit repair tactic that could help erase collection accounts from your credit report. It involves offering to settle your debt in exchange for the collection agency ...