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What do debt collectors make?

Updated: 8/17/2019
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14y ago

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You should first define "debt collector." Do you mean a collection agency or its employees? If you mean an employee of a debt collector, the answer varies depending upon the region. In the New York City metropolitan area about 98% of debt collectors who work for law firms make from about $550 a week to $1,000 a week. The average is about $700 per week. Debt collectors who work for collection agencies make less on the average. This is a hard, ugly job. I recommend you try to find something else!

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14y ago
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Q: What do debt collectors make?
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Related questions

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.


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.


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


What are the release dates for Debt Collectors - 2012 Debt Relief 1-2?

Debt Collectors - 2012 Debt Relief 1-2 was released on: USA: 1 June 2012


Who are the best debt collectors in the world?

The best debt collectors in the world would be International Collection Agency - The Debt Recovery Solution. They are recovery solutions for business and consumers.


Can debt collectors legally contact your employer?

There are specific laws in place to protect consumers from harassment from debt collectors. It is illegal for debt collectors to contact you at work if your employer does not allow this. Record all contact by debt collectors just in case you have to take them to court in the future. Also, I advise you to check online for laws in your state that protect you against harassment.


Can debt collectors trespass?

Debt collectors are not allowed to enter your property without permission, so if they do so, they would be violating trespassing laws. However, they can visit your property to attempt to collect a debt as long as they do not enter your home without permission.


What can debt collectors do to collect debt?

Debt collectors (not the original creditor) is governed by this very nifty federal law: Federal Debt Collections and Practices Act (FDCPA). Sample of FDCPA and Sates see below in the link


Can debt collectors put you in jail?

No. Never.