September 3rd, 2010 by Shirley L. Marquez
Has there ever been a moment when you’ve thought, “I need a payday loan immediately”? Lots of people have; everyone would like to be able to save more money, but with the modern economic situation, it is harder than ever. Unexpected and sometimes highly expensive problems can pop up out of nowhere, such as a medical emergency or a car accident. Some folks talk to family and friends to borrow money or just charge expenses to credit cards. But there are more options too; a payday loan can get you cash fast without having to use credit cards or consult with family.
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August 7th, 2010 by Mallory Megan
In the first three articles in this series I defined the term collections account, wrote about how sending late accounts out to an agency profits the creditor, and wrote about the practice of selling an old debt to a third party collection company. I spoke about the type of information that a collection company will obtain to utilize in their efforts, and the type of laws that third party collection agencies must follow. I described illegal and legal tactics that debt collection agencies use to collect.
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August 7th, 2010 by Mallory Megan
When it comes to the subject of debt collecting, there are a lot of misconceptions and misinformation. Here are some tools of the trade that you can use if a debt collector ever calls you. When the collection agent calls, the first thing you want to do is figure out if this is a third party collection agent or an in house collection agent. Third party collection agents are hired by creditors on contingency, while in house collectors are the creditors.
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August 7th, 2010 by Mallory Megan
In the first two articles I wrote about what a collections account was, how sending delinquent accounts out to an agency profits a creditor, and the act of a third party collection agency buying old debt from a creditor.
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August 6th, 2010 by Mallory Megan
In today’s recession, collection companies are not exempt. Starting last year, they first started to suffer from declining liquidation performance, staffing cuts, and increased placements.
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