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Kyle runs Suburban Dollar and has a passion for finance, saving, and debt reduction. He has a no true background in accounting, finance, or economics which allows him to bring an ordinary perspective to the world of finance. As he says on his blog it is where finance and reality meet.

Understanding 1st Party and 3rd Party Collectors

by Kyle on October 28, 2009

I have been following the How to Fight Debt Collectors series and noticed that the articles are all geared towards third party collections. For 3 years, I worked as a first party collector in the collections department for a mortgage company.

During that time, I learned a lot about debt, people, and collection law. I did some things that may have been considered shady but I never broke the law. The reason is in the distinction between 1st party and 3rd party collections.

(click here to continue reading…)


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