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Collection agency is an organization that collects the payment of past-due bills. Many physicians, dentists, hospitals, stores, and manufacturers hire a collection agency instead of spending their own time trying to collect such debts. The agency receives a fee ranging from a fourth to half of the amount it collects. There are more than 5,000 collection agencies in the United States. More »
Clearinghouse is an institution used by banks to exchange checks and to establish claims against... More >>
Collection agency is an organization that collects the payment of past-due bills. Many... More >>
Credit union is a cooperative banking association operated exclusively for the benefit of its... More >>
Finance company is a firm that loans money to people who promise to repay the loan with interest... More >>
Loan company is an organization that lends money to individuals. Loan companies were organized... More >>
Pawnbroker is a person who lends small sums of money on articles of clothing, watches, jewelry,... More >>
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