How Does A Collection Agency Get Paid

One of the major benefits to working with a collection agency is that you only pay a fee if they successfully collect on the file you give them. This means if they can’t collect your money, you don’t pay a dime. Debt collection agents operate on a commission, usually collecting about one third of the commission.

Fake IRS Email Scam On The Rise

Tax season has arrived and so have the cyber crooks. IRS scams are circulating, the latest one involving an official looking email from the IRS that states that you can get your tax refund on a Visa or a Mastercard. It asks for your credit card number, your social security number, credit card expiration dates, card verification value numbers, amount shown on your tax return, filing status and other personal information.

Debt And Bankruptcy

With consumer debt at an all time high, owing a debt can seem very overwhelming. A lot of people have looked into the internet and have seen advertisements claiming debt relief as a quick fix. Alluring as these ads may seem, it is important to be on the lookout for the validity of the claim.

Are your medical accounts collecting dust?

Do you have any idea how much money your medical collection agency recovered last year? If you don’t, how can you evaluate their effectiveness or your return? How could you possibly be aware?