Legal And Illegal Tactics A Debt Collector Will Use: Debt Collection Basics Part Three
In the first two articles I defined what a delinquent account that had been sent to collection was, how sending late accounts out to an debt collection company benefits a creditor, and the practice of selling an old debt to a third party collection agency.
Junk Mail Could Ruin Your Credit
Junk mail. No one likes it. Most people will take a glance at the envelope then throw it away. But it’s key to give each letter a thorough check. Some credit card issuers are now sending cardholders statements in plain, unmarked white envelopes that look like a solicitation, or junk.