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Date Sold: 3 years ago
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The main part of debt collection these days are based out of call centres, where the call centre agent who is trained with the knowledge of debt collecting calls out to debtors. Debt collection process involves e-mail and phone calls.
There are several industries that hire debt collection agencies the most prominent ones being:
Debt collection agencies need different kinds of compliances such as GLBA (Gramm – Leach – Bliley Act) and HIPPA (Health Insurance Portability and Accountability Act)