Debt Collection Services Procurement in the US
This report is intended to assist buyers of debt collection services. Operators collect payments on charged-off or delinquent accounts and remit them to their clients. Collection agencies use a variety of methods, including mailed letters, phone calls and emails, to obtain payment of these debts. This report excludes the services of debt buyers, which are firms that buy debt at reduced rates, either from creditors or debt collection agencies, and then retain all the money collected from the accounts.
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