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Working as Collection Agency

My mother has told me that my neighbor who two years older than me has been accepted for working at a Collection Agency company last week and then he works from 8 a.m. to 5 p.m. everyday. My mother asked me what the task of collection agency is. Based on the several sites which I have searched then I chose my own words about this agency. Collection Agency Company is company which has business in pursuing payment on debts owed by individual or corporate. This agency can work alone or as outsource company for the big company. I have been told from the article I have read that most collection agencies operate as agents of creditors, the people who lend money, and then collect debts for a fee or percentage of the total amount owed. In some countries this job is near to the abuse and horribly activity such as terror to the debtor. Actually it is not like that because the law prohibits certain abusive practices so the collection agency can’t do that. My mother only listening me and then they have understood what is the task of a collection agency. I think it is not bad job because in the middle of recession like now, finding new job is really hard so we should keep what we are doing.

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Date
December 10th, 2008

Author
excelsis

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