Can a debt collector charge 35% interest on a collection account
If a debt collector charges high interest, review your state debt collection laws along with the Federal FDCPA which puts limitations on debt collectors
If a debt collector charges high interest, review your state debt collection laws along with the Federal FDCPA which puts limitations on debt collectors
Don’t let medical debt unknown to you sit on your credit reports, there are steps you can take to have the negative marks deleted.
Collection agencies that sell a debt should delete their negative notation to avoid multiple debt collectors reporting simultaneously for the same debt.
Comcast collection agencies typically do not delete accounts based upon payment of a debt; but a paid collection looks better than an unpaid collection.
Creditors can report a charge-off every month to the credit bureaus but if the charge-off has been sold to a collection agency it must report a zero balance
Collection agencies may not always respond to a debt verification/validation request but that does not the issue is resolved.
EOS debt collector to pay penalty and refund consumers for illegally collecting on old cellphone debt that was disputed and unverified.
New federal agency formed to shut down debt collectors that use abusive debt collection practices.