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Educational Credit Management Corporation (ECMC) is a United States nonprofit corporation based in Minnesota. Since 1994, ECMC has operated in the areas of student loan bankruptcy management and loan collection. ECMC is one of a number of guaranty agencies that oversee student loans for the United States Department of Education.
You might also be interested in how to set up a debt payoff plan and stick to it. 8. Make your payment (s) as agreed. Once you’ve agreed on a payment plan with the debt collector, make sure you ...
Receiving a call, email or letter from a company purporting to be a debt collector can spark alarm. Before disclosing any information, look for these eight signs of a fake debt collection scam. 1 ...
ACA International is a trade group located in the United States representing debt collection agencies, creditors, debt buyers, collection attorneys, and debt collection industry service providers. Founded in 1939 as the American Collectors Association, the organization changed its name to ACA International in 2001; it is based in Minneapolis ...
A debt collection bureau in Minnesota. Debt collection or cash collection is the process of pursuing payments of money or other agreed-upon value owed to a creditor. The debtors may be individuals or businesses. An organization that specializes in debt collection is known as a collection agency or debt collector. [1]
The responsibility of collecting the debt then falls to the collection agency. The creditor will likely pass along some of your personal information — like your address and phone number — so ...
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