You should call in a credit collection agency sooner rather than later. The longer you wait to begin the collection process on overdue accounts, the less of a chance you’ll have at recovering your money.

Recently the CARD act went into effect, which means that consumers will be able to enjoy relief from double cycle billing and arbitrary rate increases. The CARD act also promises that credit card bills will be much easier to read. However, with the new act comes a new series of rules and regulations that savvy consumers should know about.