If the collection agency sues you and wins ... Once you factor in ballooning interest, late fees, collection charges, legal costs and credit score damage, the financial burden can quickly spiral ...

The tools they can use to try and collect what's owed range from extra fees and ... spot for many collection agencies — it's large enough to be worth pursuing through legal channels but not ...

and phone number of the debt collection agency The amount of debt you owe, including any additional fees What the debt was for, and when it was incurred Name of the original creditor Whether you ...

Sometimes collection agencies sell ... as possible about the debt. Ask the agency about the original creditor, how much you owe, and if there are any fees that the agency has added on.

The claim: It is illegal for collection agencies to buy debt and 'come after you' if you send a cease-and-desist letter A March 27 Facebook post (direct link, archive link) offers advice for ...