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What is a second placement? A collection agency called asking for any second placements. I can guess at the meaning, but would prefer not to.

A second placement is the referral of an account that was previously placed for collection with another agency. Often the fee on second payments is as much as 50 percent (or more) of the amount collected.

Taken from "1001 Collection Tools, Tips and Techniques" by Michael C. Dennis

 
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