Creditors to stop nuisance calls

Creditors calling at work, home and on the day of your cell phone at night and sometimes every hour on the hour to request payment. Because of the harassment calls from creditors recession have increased and become more professional. In some cases, consumers are unemployed and can not send a payment, but creditors do not care, they want their money and will do anything to get it - even lie.

If you only one late payment is usually 30 days or more, no matterwhat your previous payment history, you may be placed in the same category as those who avoid paying the bills, hiding under a rock in the hope that its creditors will tire of contacting them for payment or who have declared bankruptcy.

Most creditors have a collection department calling to remind you to send a payment, if payment is not even a day after the due date. The first calls for creditors few seem very nice and ask when you will be able to send payment. Then attitude changes quickly and use all kinds of threats, lies, guilt, emotional, rude, etc. to go for a payment.

Please do not fall into the trap! Know your consumer rights and the rights of creditors and collection agencies must follow before making a payment arrangement in writing or verbally. The two main events in the interests of consumers and the Fair Credit Reporting Act (FCRA) and Fair Debt Collection> Practices Act (FDCPA), which is on the Federal Trade Commission at ftc.gov / credit.

The creditor or collection agency can not call before 8:00 am or after 09:00 hours. If the debt collector or creditor of a contact, you have the right to request the suspension of contact by telephone, saying that "cease and desist" and we ask that you contact by mail. If you feel a creditor or debt collector has violated your right to file a consumercomplaint with the Federal Trade Commission at ftc.gov 1-877-FTC-HELP or visiting their website.

Never make a decision to pay a bill at the end based on fear or intimidation tactics used by creditors and collection agencies. Take one or two days to calm down, think about your situation and then develop a plan to start paying the debt. Call back and tell the creditor you will pay the debt. up to their agreement in writing and keepa copy for your records.

If you are behind on their payments in the future to notify the creditor or collection agency has immediate financial problems and establish a payment plan with them to avoid staining your credit report and avoid legal actions against him.