- nouncollections (plural noun)
- the action or process of collecting someone or something:"the collection of maple sap" · "tax collection"
- a regular removal of mail for dispatch or of trash for disposal:"withdrawal of the Sunday collections"
- an instance of collecting money in a church service or for a charitable cause:"when she died, they took up a collection for her burial"
- a sum of money raised by a charity collection.
- a group of things or people:"a rambling collection of houses"
- an assembly of items such as works of art, pieces of writing, or natural objects, especially one systematically ordered:"a record collection" · "paintings from the permanent collection"
- (collections)an art museum's holdings organized by medium, such as sculpture, painting, or photography.
- a book or recording containing various texts, poems, songs, etc.:"a collection of essays"
- a range of new clothes produced by a fashion house:"a preview of their autumn collection"
Originlate Middle English: via Old French from Latin collectio(n-), from colligere ‘gather together’ (see collect).Similar and Opposite Wordsnoun- a group of things or people:
- an assembly of items such as works of art, pieces of writing, or natural objects, especially one systematically ordered:
- a book or recording containing various texts, poems, songs, etc.:
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Debt collections are when a creditor sends your account to a third-party agency to collect overdue payments. They can hurt your credit score, make it hard to get loans and credit cards, and even lead to lawsuits. Learn your rights and options to handle debts in collections. See more
Having debt in collections means a few things. First, it indicates you're behind on payments, likely at least 120 days late, per FICO. It also means your creditor (the credit card company, … See more
There are other ways to deal with debts in collections. You can always dispute the debt. If you don't believe the debt is yours or you think the … See more
Once you've handled your account in collections, take steps to ensure it doesn't happen again. Put together a household budget and set up auto-payments for any accounts possible. You can also think about consolidating your debts, which rolls them all into one … See more
If you have the cash, it might be wise to pay off the debts in collections — particularly if you're still within your state's statute of limitations (meaning you could be sued). It might not help your credit score, though. Some credit scoring models completely ignore … See more
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WEBMar 24, 2023 · Learn what debt collection means, when accounts get sent to collections, and what you should do once you have debt in …
- Estimated Reading Time: 8 mins
WEBApr 24, 2020 · Quick Answer. If your account goes to collections, don’t ignore the debt. Instead, deal with the creditor and look into negotiating the debt or disputing it if there's …
- Estimated Reading Time: 8 mins
WEBApr 4, 2023 · When you have a debt in collections, it usually means the original creditor has sent the debt to a third-party person or agency …
- Estimated Reading Time: 10 mins
WEBMay 7, 2024 · A collection account is what happens when a creditor has unsuccessfully tried to collect a debt from you for some time. Accounts usually don't go to collections …
WEBMay 31, 2024 · Learn the meaning of collection as a noun, with synonyms, examples, and word history. A collection is something collected, especially an accumulation of …
WEBWhen the debt is sold or transferred, a new collection account is added to your credit history. So, after your debt has been transferred or sold, it will probably show up two …
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WEBNov 8, 2023 · Debt collection is when a third-party company tries to recover debts that are at least 30 days past due from borrowers. Learn how debt collectors work, what …
WEBJun 27, 2023 · A collections account can be reported when a debt collector acquires the debt, or not at all. Reporting is up to the collection agency’s discretion. Be cautious if you’re being contacted by a...
WEBMar 22, 2023 · Debt Collection FAQs. Is a debt collector calling? What can you do? What are your rights? The Fair Debt Collection Practices Act (FDCPA) makes it illegal for …
COLLECTION | definition in the Cambridge English Dictionary
WEBLearn the meaning of collection as a noun in different contexts, such as money, objects, clothes, or information. See how to use collection in sentences and collocations with …
What to Do if Your Debt Goes to Collections - CNBC
WEBApr 2, 2024 · Collections agencies buy your unpaid credit card debt from your card issuer when your balance lingers too long — but that doesn’t mean it goes away. When a …
Collections in Finance: Basics and Beyond - Finance Detailed
WEBNov 21, 2023 · In finance, "collections" refers to the process of recovering money owed. It's like a financial cleanup crew, making sure everyone pays their debts. Collections …
COLLECTION | English meaning - Cambridge Dictionary
WEBLearn the meaning of collection in English, with different senses and usage in various contexts. Find out how to pronounce collection, see collocations and translations, and …
Understanding What Collections are on a Credit Report | Elevate
WEBApr 7, 2021 · A collection account on a credit report means that a lender sold the rights to collect on an unpaid debt to a third party, usually known as a collection agency. …
Collection Accounts and Your Credit Scores | Equifax®
WEBWhat is a collection account? If you fall behind on payments, the lender or creditor may transfer your account to a collection agency or sell it to a debt buyer. This generally …
What is Debt Collections & How Does it Work? | Fairstone
WEBThe first step is to be an informed borrower, so we’ve created this article to help you understand what happens when a debt gets sent to collections, how collections works, …
COLLECTION Definition & Meaning | Dictionary.com
WEBnoun. the act of collecting. something that is collected; a group of objects or an amount of material accumulated in one location, especially for some purpose or as a result of some …
Collections on Your Credit Report - Experian
WEBOct 21, 2016 · Learn what collections mean for your credit report and scores, how they affect you, and how to remove them. Find out how to deal with debt collectors and …
What is a debt collector and why are they contacting me?
WEBAug 2, 2023 · A debt collector is generally a person or company that regularly collects debts owed to others or who has the primary purpose of collecting debts. They’re likely …
Collection - Definition, Meaning & Synonyms | Vocabulary.com
WEBA collection is a group of things, often a group created by someone. For example, many kids have a collection of comic books. Notice the word collect in collection. If you like to …
Collection Definition & Meaning | Britannica Dictionary
WEBCOLLECTION meaning: 1 : the act or process of getting things from different places and bringing them together; 2 : a group of interesting or beautiful objects brought together in …
Collection Agency: Definition, How It Works, and Regulations
WEBApr 11, 2024 · A collection agency is a company used by lenders or creditors to recover funds that are past due or from accounts that are in default. Often, a creditor will hire a …
What does "Can Edit" actually mean when sharing a file or photo …
WEB2 days ago · I have a very large collection of photos (~500gb) that I share from time to time with friends and family. I have been changing the share settings from "Can Edit" to "Can …
What Is Data Analysis? (With Examples) | Coursera
WEBApr 19, 2024 · What Is Data Analysis? (With Examples) Data analysis is the practice of working with data to glean useful information, which can then be used to make informed …
Your Head Aches: What Could It Mean, and What Can Be Done …
WEB6 hours ago · The cause of migraine is unknown, though alcohol, certain foods and a woman's menstrual cycle are among the known triggers. Tension-type headaches, …
Christie Brinkley on her HSN clothing collection, health scares …
WEBMay 30, 2024 · The collection is filled with pieces that are comfortable, casual and versatile, but they're also always chic and put-together -- much like Brinkley's approach …
Symptoms of COVID-19 | CDC
WEBMar 15, 2024 · Headache. New loss of taste or smell. Sore throat. Congestion or runny nose. Nausea or vomiting. Diarrhea. This list does not include all possible symptoms. …
What Does Donald Trump’s Conviction Mean for the Election?
WEBMay 31, 2024 · What does Donald Trump’s conviction mean for the election? Credit: Gage Skidmore. CC BY 2.0/flickr Former US President Donald Trump’s criminal conviction in …
Amanda Knox’s slander conviction upheld in case related to
WEB4 days ago · An Italian court has upheld Amanda Knox ’s final remaining conviction stemming from the murder of her British roommate Meredith Kercher in 2007. Knox was …
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WEBCollections How Game Pass Core compares to Xbox Live Gold Game Pass Core brings the benefits of online console multiplayer from Xbox Live Gold, plus access to a …
Poozeum: Fossilized poop museum opens in Williams, AZ
WEB3 days ago · What does coprolite mean? Coprolite is "the fossilized feces of animals that lived millions of years ago. They are trace fossils, meaning not of the animal's actual …
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