Alamo Credit Recovery

Equifax Settlement Payouts Range from $125 to $20K. Here's How to Find Out if You're Eligible in...

If you spent time or money as a result of the Equifax breach, even if you only signed up for free credit monitoring, you can quickly check to see if you're eligible for part of the settlement.

How to Pay Off a Collection Account

Are you being hounded by a debt collector to pay off a collection account you owe? Read on to find out what you need to know when dealing with collections, and the steps you'll want to take, before you agree to pay off a collection account.

10 Things That Debt Collectors Do That Are Illegal

The Federal Fair Debt Collection Practices Act explains just how debt collectors should act when they are attempting to collect a debt from consumers. These are just some important things a debt collector should not do.<br>The debt collector should not ask you to pay more than you owe.

Sticker shock: Secrets of hospital billing revealed

Hospital charges are closely guarded secrets, but not anymore. KRQE News 13 has compiled a first-ever comparison of actual patient charges from all 44 New Mexico hospitals. And what it shows is a b…

New rules to know about debt collection via social media

The federal government recently enacted new rules that give wide reach to debt collectors, including contacting you through social media. But you still have rights.

New Rules Would Require Debt Collectors Have Proof You Actually Owe Money

One of the most common complaints about debt collectors is that they harass people over debts that are either no longer owed, or weren’t owed in the first place. Federal regulators are now pr…

What are the consequences of settling debts with a collection agency?

Debts are troublesome. But, settling debts is not a remedy because it can affect your financial health negatively. However, settling debts is better than not paying off debts at all. Check out the consequences if you decide to settle your debts with the collection agency.

When to Hire a Collection Agency to Get Your Receivables

If you are struggling to collect your receivables, it may be time to hire a collection agency. That way, you can get paid and back to running your business.

Which Small Business Lenders Report to the Business Credit Bureaus?

Business credit reports are available to anyone—so make sure you're in control of yours. Choosing a lender who reports to a major credit bureau can help.

Council Post: What Kind Of Business Might Need A Collection Agency?

When you think of the words “collection agency,” what comes to mind?

The Steps Used by Debt Collection Agencies

Debt collection agencies step in to recoup funds owed to creditors once an account has become seriously delinquent. Creditors will often hire a debt collection agency to recoup the funds owed by a debtor. The agency will be paid if and when the funds are recovered. It is therefore in both the creditor's and the ...

Is Your Commercial Debt Collection Agency Licensed?

Don't risk your business by partnering with an unlicensed collection agency. Protect yourself and your business. Ask if your agency is licensed!

Collection agency or collection attorney?

Collection agency or collection attorney<br>Both are options, which is right for you?<br>A collection agency specializes in debt collection. They have the resources needed to find debtors and collect on past due receivables. Rates are lower than an attorney.<br>Attorney fees are generally higher and many are less specialized. A letter from an attorney can often have more of an impact on the debtor, however.<br>Most creditors choose to use an agency first. Then, if the agency isn’t successful, but it still…

The Three Credit Bureaus: Everything You Need To Know

Two Things To Expect When Your Debt Gets Transferred To a Collections Agency

As much as possible, business owners avoid having their accounts receivable transferred to a debt collections agency. For the most part, the move is

What is a “Pay for Delete” Deal from a Collection Agency?

I received the following question from a Minter via Twitter @johnulzheimer. “John, I had a collection for a defaulted credit card bill from three years ago. I want to buy a house and the collection agency told me that if I paid the bill they’d delete it from my credit reports. Their offer sounded suspiciously good so I did some research online. I found some stories talking about “pay for delete” deals working and I found just as many suggesting that those offers…

SCORE column: When to call a collections agency

Good collectors don’t use the brash, strong-arm methods often portrayed in movies.

Store Credit Card: When to Open a Store Credit Card

Resist the temptation to open a store credit card during the holidays. We asked credit experts to explain when you to say "no"—and when you can say "yes."

What Happens If You Do Not Pay the Collection Agency?

Find out what can happen if you do not pay a collections agency, as well as other vital information related to debt.

What does a collection agency do for your business?

You rely on your clients to pay their monthly bills if you offer credit cards, loans or other types of financing for products or services. When clients fall behind on their bills or have outstanding balances, you have a right to the debt. Sometimes, businesses may use a collection agency to help collect on a