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An agency remittance on your American Express statement typically refers to a payment or transaction made on behalf of an agency or third party. This could include payments for services rendered or fees collected by an agency that you authorized. It reflects the financial dealings associated with that agency, showing how much was remitted or processed through your account. If you require further details, it's advisable to contact American Express customer service for clarification.

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1mo ago

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My account balance with American express has been turned over to a collection agency. Does American express over a reduced payoff as a settlement?

when a company "sells" a bad debt to a collection agency it is at a fraction of the total bill due. So, if you have a bad debt to American express in the amount of $10,000, more than likely it was sold to the collection agency for 2-3000. The remainder can be written off by American Express on the taxes that are filed by the company. What you can do is contact the collection agency after saving 40% of the debt (or 4000) and offer to negotiate a settlement. If you settle for $4000.00 you are saving $6000 and the collection agency is making 50-100% profit on the bad debt. This what the debt settlement companies do - no sense in paying the settlement company fees when we can negotiate ourselves.


Can you use bank statement or passbook as a income proof?

The agency or institution asking for the proof should tell you what documentation is acceptable to them.


Can you get receipts for payments made to a collection agency?

yes and an accounting too. To be certain, make all payments in person at their office. You may request a reconciled statement showing all payments as well.


What was the achieved aim of the Federal Financial Management Act of 1994?

the Federal Financial Management Act of 1994 extended the scope of the CFO Act by requiring agency-wide financial statements and a consolidated government-wide financial statement


What is an agency debit memo?

An agency debit memo is an official notification that a travel agency has underpaid an airline for a ticket.

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My account balance with American express has been turned over to a collection agency. Does American express over a reduced payoff as a settlement?

when a company "sells" a bad debt to a collection agency it is at a fraction of the total bill due. So, if you have a bad debt to American express in the amount of $10,000, more than likely it was sold to the collection agency for 2-3000. The remainder can be written off by American Express on the taxes that are filed by the company. What you can do is contact the collection agency after saving 40% of the debt (or 4000) and offer to negotiate a settlement. If you settle for $4000.00 you are saving $6000 and the collection agency is making 50-100% profit on the bad debt. This what the debt settlement companies do - no sense in paying the settlement company fees when we can negotiate ourselves.


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There are several ways to find this information for the travel agency. The most popular being looking for a local office or using their global assistance number.


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If you were to go anywhere the best travel agency is either Virgin Airways for American Express, both companies offer good deals to the Asian continent region.


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