![]() ![]() Further, all collection activity shall be conducted in accordance with the Operative Guidelines of the CLLA, Commercial Law League of America.Ģ. Additionally, in the interest and spirit of maintaining the highest level of ethical and professional standards the parties agree to conduct themselves in accordance with the FDCPA, Fair Debt Collection Practices Act, and FCRA: Fair Credit Reporting Act. PSI agrees, understands, and acknowledges it shall, at all times, comply with all state and federal laws while providing such debt collection services. It shall be the intent of Client/Creditor to retain the services of PSI for the purpose of providing debt collection services. ![]() Furthermore, Client/Creditor must immediately notify PSI when a direct payment is received or direct communication from the debtor is received.ġ. If Client/Creditor receives direct payment in full or in part of an account placed with PSI, then the appropriate commission is due to PSI upon submission of an invoice to Client/Creditor. Upon collection of an account, PSI will receive the commission fee agreed to herein. Upon receipt of account(s) placed with PSI, PSI will proceed with the collection process and work the account(s) until resolution as further described below. Client/Creditor agrees to these Terms and Conditions to register on and to submit debtor files to PSI. (hereafter known as “PSI”, “we,” or “us”) and the Client/Creditor (defined in the registration page) agree to the following conditions. (PSI) CLIENT / CREDITOR SERVICE AGREEMENTĪs of the Effective Date (date of registration), Prestige Services, Inc. ![]()
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