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What is a collection agency

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Uploaded by on May 4, 2008

http://www.videocreditscore.com - collection agency - This video Q&A addresses the definition of a credit collection agency and how they work with credit card companies.

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  • @mhirtes12 lol too bad that dosent change much, you think it that easy to get out of debt

  • How to stop a collector: Send them a certfied mail return receipt requested (CMRRR) with these words, "Your claim is disputed, validation is requested. Calling anywhere is inconvenient." If they didn't respond or kept calling you, send them another Intent To Sue letter of course CMRRR with settlment offer to pay YOU, $7000. Next, file a suit at small claims court and serve them with summons. You can easily find process servers online for few bucks.

  • The result, money in your pocket and clean credit. Never pay a collection agency. If you do, your credit score will drop, because they will enter, "COLLECTION PAID." Instead you need to turn the table on them. Remember, in order to play the game, you need to learn the rules of the game. Google FDCPA

  • If I had a gun with only three bullets and I saw a collection agent, Adolf Hitler, and Osama Bin laden in the same room together, I'd shoot the collection agent, three times.

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