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Does a collection agent make a Commission on the collection of a credit card dept?
Wiki User
∙ 13y ago
Yes they have to it runs about 10%
Wiki User
∙ 13y ago
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Can a collection agent advise you to pay off the debt you owe him from another credit card he reads on your credit report?
i think ist against the fdcpa laws.
Is your husband responsible for your credit card debt in ill if it is at a collection agency?
If his name is not on the card,(He did not sign for the card) Then NO! And credit cards are unsecured loans.
If you settle an old credit card debt with a collection agency paying the negotiated price in full will the collection agency remove the collection from your credit report?
No the collection will not be removed from the credit report. They will show it paid in full.
Can I get an out-of-court settlement on my credit card?
It is possible to get an out-of-court settlement for a credit card. Credit card companies and collection agencies offer a variety of payment and settlement options for the debtor.
Should you hire an attorney for a credit card collection lawsuit?
No
How many points does your credit score drop after a collection?
While there's no definitive answer with respect to how many points your credit score may drop after a collection, a collection account is a clear indication that a loan, credit card or retail card was not repaid and payment history is one major contributing factor to your credit score. This can have a negative impact on your credit score.
FDCPA in Florida protect home from credit card collection agency?
How much can a credit card collector do with a lien on your property in Fl
Can I use my credit card after I pay off the collections agency?
No. Once it is sent to a collection agency the company has closed the credit card.
What agency oversees the credit card industry?
The FTC (Federal Trade Commission).
What is the state statue of limatation for collection a charged of credit card in the state of Delaware?
Credit Card debt is considered an Open Line of Credit. The Statute of Limitations for collection in Delaware it is 4 years. That would be from the last use or payment.
If you paid a credit card bill online directly through your bank account and it was returned NSF by the bank will this affect your credit and how bad?
Not unless the account went uppaid and the bank sent it to a collection agent. Vote on our videos at www.wowifixedmycredit.com
Can a collection agency sue for unpaid credit card debt?
yes
