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Synonyms

collection agency

American  

noun

  1. a firm that collects unpaid bills for other firms and is usually compensated by receiving a percentage of the amount collected.


Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

While buy-now-pay-later activity doesn’t typically show up on your credit report, that can change if the balance is neglected and sent to a collection agency.

From MarketWatch • Jan. 8, 2026

In March 2024, a New York lawyer representing a collection agency contacted one family who worked with SEAM, saying that Side owed a high-interest lender $69,500 and was seeking to recover it.

From The Wall Street Journal • Oct. 22, 2025

When hospitals can’t collect on unpaid bills, they will sometimes bundle the debt and sell it at a steep discount to a collection agency.

From Los Angeles Times • Oct. 4, 2023

The ministry never sent him money, the bills were referred to a collection agency, and Chalman's credit score dropped from 750 to 600.

From Salon • Feb. 28, 2023

Unfortunately, the day it was due, the collection agency showed up at my door trying to get the money and I didn’t make it to school.

From "The Freedom Writers Diary" by The Freedom Writers

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