Information about Collection Agencies: Know your Rights!
Information about Collection Agencies: Know your Rights!
A collection agency is a company that works to get back money owed by people in debt. Creditors pay agencies to get their money.
Collection agencies try to get the money you owe their client, do not panic.
If you are unable to pay, it is best to contact them so they can report on your file that you have contacted them.
If you reach an agreement with a collection agency, get it in writing.
Never send cash and always get a receipt
Know that a person from a collection agency must not make frequent and/or aggressive calls to you or your family members.
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