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what is primary, secondary tertiary in collections mean?

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what is primary, secondary tertiary in collections mean?

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Primary Collections is when the company to whom the money is owed is making the collection effort. Secondary is when you send it out to a collection agency to work on your behalf. Tertiary is when you then send it either to another agency, send it to an attorney, or sell the debt to a company who will then try to collect it on their own.

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