Dec 24 2009
Is a collection agency harassing you? There are rules a collection agency must follow.
Is a collection agency harassing you? There are rules a collection agency must follow. Here’s an example. You come home from working all day and while you are relaxing after dinner and the phone rings. You answer it, and it’s collection agency. But wait, it’s 9:05 pm – that’s a little late right? Correct. If a bill collector calls you after 9pm, they are in violation of the law. The Pentagroup Collection Agency has a varied mix of reviews from people who have done businesses with them according to several online sources. Pentagroup, according to their website, is a certified collections agency who offers services such as debt collection, customer service and a variety of other specialty services that can be outlined on their site. Junk debt buyers are a growing industry. Their purpose for existence is to purchase bad credit card accounts from creditors to collect on them and make a profit. Junk debt buyers are also referred to as bad debt buyers or simply debt buyers. The accounts purchased by these agencies range from auto loans to retail accounts. It is estimated that about 70% of the accounts often sold to junk debt buyers are credit card accounts.
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