payday loans nampa

Glossary of Common Commercial Collection Agency Terms

To greatly help customers through the commercial collection agency procedure, the Department of Consumer and employee Protection (DCWP)* created this glossary, which include widely used terms with debt collection communications plus recommendations (legislation, agencies) necessary for consumers to understand.

  • Italicized words in information may also be defined into the glossary.
  • Unless stated otherwise, all explanations mirror new york guidelines and guidelines.