To understand why collection agencies use scare tactics to get groped to pay the bills, you need to understand how they work. single agency for the purpose of the collection in the present is to pursue outstanding debts of companies or individuals. Manage your account from "buy" the debt by the original creditor for an amount less than what I have. Usually the creditors sell the debt collection agency if the balance is 90 days or moredue. This means that the collection agency your lender will pay a fraction of what we owe them, then try to recover the full amount from you. The amount you pay the agency for the collection of the amount paid for the debt is the benefit to them. That is why they are so unforgiving. Basically, he paid the account, amounting cheap and now want their money and more about you.
Some collection agencies will try to scarepay the debt. It's good to know what tactics can be used to not feel threatened in vain.
Some tactics of fear are:
- Pretend one of your creditors are trying to verify personal information for bait is on the phone or confirmation of the person you are talking about you.
-. "Esq" Sending letters with the letterhead resembles that of an attorney's office, even if the words "lawyer" or notthat.
- Calling constantly in your home or cell phone from an "unknown number" several times a day, but only by leaving a message.
- Leave threatening messages trying to take it to court with no basis for litigation.
- Taking advantage of his emotions when talking to you.
They're trying to bore to the point that they are willing to pay the full amount. You can make collect calls to stop. The first thing we do is exercise their right tocan not be contacted by telephone. The Fair Debt Collection Practices Act protects you from harassment calls. If you feel you are being harassed, the next time you call to ask the caller contact information, your account number and balance due. Enter the name of the caller, the name of the collection agency, your physical address, and telephone number, account number and balance due. Do not write adiscussion with the caller. Instead, they insist that you give this information without discussing the payment at all. When you enter all the information, thank you and hang up. You are about to send a letter. In that letter, your name and account number, and you do not wish to be contacted by telephone. Include an address where you can reach via e-mail instead. Make sure the letter is written and signed and dated. Mail to Library Agency by certified mail, return receipt requested. (The local post office can help with this.) Upon receipt of your letter, are not allowed to call more. If they do, is a violation of their rights, and you can sue for harassment.
Unfortunately, when the collection calls stop, the debt disappears. At this point, you should talk to a professional, and start with debt counseling. Did you know that depending on the type ofdebt> is a professional debt negotiator could get your debt settled for 40-60% of the original amount you need - and will not be responsible for everything else? Take control and do not let the scare tactics the collection agency concern. Speak with a debt negotiation or professional credit repair bad credit and terms of repair. A negotiated rate is better than no payment at all. Collectors know. They are willing tonegotiate.
© 2008
- Ken S.
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