When a debt is not paid, it may be sent to collections. This is when a creditor sells the debt to a collections company for a reduced rate. Getting the debt repaid then falls into the hands of those from the collection agency.
When a debt is not paid, it may be sent to collections. This is when a creditor sells the debt to a collections company for a reduced rate. Getting the debt repaid then falls into the hands of those from the collection agency.
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