Can Collection Agencies Charge Interest And Fees?
The short answer - yes, in most cases, but collection agencies are usually regulated differently from original creditors. In the previous video we spoke about the major decisions made by US Supreme Court and Congress in 1978 and 1980, allowing national lenders to offer their services in all states practically without limit on the interest they can charge. These laws are not applicable to collection agencies. The laws which ARE applicable are FDCPA (The Fair Debt Collection Practices Act ...
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: 08/03/09 23:37
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Debt Collection Agency Partner Jeff Spurgess
Collection agency Michigan; Jeff Spurgess is a partner with one of the top collection agencies in the nation, American Profit Recovery. He manages most of the operations of the firm to ensure top-notch customer service and a great culture to work in. www.americanprofit.net
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: 04/05/09 22:12
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