If
the collection agency chooses to go back on their word they you have little recourse with the credit bureaus either.
Not exact matches
Sure, colleges and universities use
collection agencies on a regular basis, but many have
chosen to avoid litigation against their students and to keep everything «in house.»
Even if you
choose not to pursue avenues out of default, you have the right to fight back against debt
collection agency harassment or abuse.
no longer than means that creditors,
collection agencies or credit bureaus can remove any negative listing they
choose to within the seven year period; it doesn't have to stay on for seven years.
Here is our 2018 guide to
choosing the right debt
collection agency for your business needs.
In some cases, a lender may
choose to utilize a
collection agency to obtain due money.
If you
choose to ignore the
collections agencies you can eventually be sued, and your wages can be garnished (that's when a little bit is taken off of every paycheck).