Debt Collector

Debt Collector Improve Collection Efforts With Debt Recovery at https://www.frontline-collections.com/

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The business of such an agency that functions as an 'agent of the creditor' is to pursue debtors who owe sums of money to creditors.

There are various types of Debt Collector agencies.

• First-party agencies - Often they are direct agents like paid employees or subsidiaries of the creditor (an individual or company)

• Third-party agencies - These are outside agencies contracted by a creditor company or individual to pursue the debtor and collect the amounts owed; the service is done for a fee.

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