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This has dramatically altered how debt collectors can approach the debt collection process. Understanding this new terrain is important for anyone facing credit card debt collection attempts.
For people who find themselves in the crosshairs of creditors, the debt collection process can seem confusing and daunting. Here’s how it works. Jane Doe stops making payments on her credit card.
Jens Nordvig, a currency analyst at Nomura, has produced a useful chart for understanding how the government shutdown and debt ceiling standoff might go from here. His flow chart below both shows ...
For lenders, debt collection is largely automated. But for people who owe money on their credit cards, it can be a confusing and stressful process. Relief is looking to change that. Its app ...