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What does the collection company mean?
a company specializing in debt collection and repayment. They usually cooperate with financial institutions, credit card companies, banks, individual lenders and other types of creditors to recover overdue or unpaid debts. According to the relevant public information, the collection company is a company specializing in collecting and paying off debts. They usually cooperate with financial institutions, credit card companies, banks, individual lenders and other types of creditors to recover overdue or unpaid debts. The collection company can contact the debtor by telephone, e-mail, letter, etc., and use various skills and strategies to urge him to repay.