Remove Collector Remove Credit Reporting Agencies Remove Invoice Amount
article thumbnail

Derogatory Public Record or Collection Filed? Here’s What It Means For Your Business

tillful

A collections agency is a company that collects past-due debts owed to others. They often receive a commission percentage from 25% to 50%, based on the amount they collect or the original invoice amount, according to the U.S. How long do collections and other derogatory marks stay on your business credit reports ?