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The income of a debt collector depends on the contract he os she has with the company they work for. Xpress Page worked with a company in the past that paid 50% of the debt collected, that is not too common.

But if you are interested in debt collections, check with xpress page. Google Xpresspage

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10y ago
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13y ago

Pennies on the dollar. So when they come after you for the full amount, know that negotiating with them for a lower amount to settle the debt can be lucrative for you. Debt settlement is highly successful and it's the process of negotiating with your debt collectors for a lower, agreed upon, amount to get you out of debt quicker.

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Q: How much do debt collectors pay for debt?
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Related questions

Is it ok to hide from debt collectors?

No its illegal, you have to pay your debt rather than hiding. If you not paying your debt and hiding from debt they can take you to the court.


How do you protect your mobile home from debt collectors?

Pay your debts, or at least come to an agreement.


Can debt collectors trespass?

No, and generally debt collectors never leave their office.


Can debt collectors take settlement money?

Debt collectors can indeed take settlement money from someone if they owe debt. These collectors may take from what they need to.


What if you leave for India from US with a credit card debt and then return after 5 years?

You will have to pay the debt + interest on your return to the US assuming the debt collectors have not chased you down in India already.


What kind of skills do debt collectors possess?

Debt collectors are interesting in the aspect of their skill set. They need to be good with people. They need to be able to convince people to pay but they also need to seem human, like they are still people.


Can collectors make you pay?

No. Debt collectors contracted by the owner of the debt to contact the debtor for payment. In most cases they will say anything and harass you into make a payment. Depending on how their payroll works- If you do make a payment, they get a comission on the payment you make.


Do you have to pay the entire balance of what is owed to debt collectors?

Debt collectors are under no obligation to take a lesser amount than what you originally owe. Most will agree to and acceptable payment plan or offer a settlement if the original creditor allows it.


Another name for debt collectors?

Debt Advisor


Where can one find a list of debt collectors in the UK?

There are sites online that advertise their debt collection business. Some of these Debt Collectors are UK Debt Collection, Debt Recovery UK, Debt Collect and Debt Recovery Plus.


What are the release dates for Debt Collectors - 2012?

Debt Collectors - 2012 was released on: USA: 1 May 2012


What may debt collectors do?

can a debt collector come to your house to collect a debt