Successfully reported this slideshow.
We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads. You can change your ad preferences anytime.
Is your home phone, work phone and cell phone
constantly ringing from creditors and debt collectors?
Learn how to handle d...
If you have credit card or
debt collectors calling you,
you probably owe a lender
some amount of money, but,
you should be...
Did you know debt collectors have a long list of restrictions
they must adhere to? Be sure to make note that debt
collecto...
Keep records of messages
and calls on file by taking
notes. Be sure to jot down
the day, time, specific
collector, the num...
You have the legal right to request a stop on communication when
a debt collector calls you under the Fair Debt Collection...
Any time you are on the
phone, do not admit or
express a willingness to pay
the debt until it has been
properly validated ...
While the calls may stop, you are
still responsible for the debt that
you owe, but it can now be easier
to manage the situ...
For additional tips, advice
and ways you can improve
my credit, check out
Improve My Credit USA to
start dreaming again wi...
Upcoming SlideShare
Loading in …5
×

How To Handle Debt Collector Calls

206 views

Published on

Don't let debt collectors and creditors harass your phone lines by constantly calling you. Check out ways to handle debt collector calls the right way!

Published in: Services
  • Be the first to comment

  • Be the first to like this

How To Handle Debt Collector Calls

  1. 1. Is your home phone, work phone and cell phone constantly ringing from creditors and debt collectors? Learn how to handle debt collector calls! How To Handle Debt Collector Calls
  2. 2. If you have credit card or debt collectors calling you, you probably owe a lender some amount of money, but, you should be aware of who that lender is. If you're getting calls about a mysterious loan or debt in your name, it could be fraudulent so always know who you owe money to. Know Who's Calling
  3. 3. Did you know debt collectors have a long list of restrictions they must adhere to? Be sure to make note that debt collectors cannot: Know Their Restrictions • Use abusive or offensive language • Harass with excessive phone calls • Calling before 8 a.m. and after 9 p.m. (unless you agree) • Continue to call your workplace after you've asked them to stop • Talk to anyone but you or your attorney about the debt • Misrepresenting your amount of debt
  4. 4. Keep records of messages and calls on file by taking notes. Be sure to jot down the day, time, specific collector, the number of times they call and a summary of the conversation. Also, in some instances, you may be able to record the conversation audio but check with your local and state laws before doing so. Before You Answer
  5. 5. You have the legal right to request a stop on communication when a debt collector calls you under the Fair Debt Collection Practices Act. When a debt collector calls, you can say: What To Say When Answering • By my rights under the Fair Debt Collection Practices Act I am requesting that all communication regarding this or any other alleged debt be made through the United States Postal Services only. Any attempt to contact me via telephone at my home, work (Beyond the one call to verify employment), a relative, on my cellphone, or any other location that you may have on file will result in me filing a complaint with the Attorney General's office and the Federal Trade Commission for harassment. Civil and criminal claims will be pursued. You MUST follow up this request in writing after you make it over the phone and mention the code 15 USC 1692c(c).
  6. 6. Any time you are on the phone, do not admit or express a willingness to pay the debt until it has been properly validated with verified paperwork from the original creditor. Don't Admit To The Debt
  7. 7. While the calls may stop, you are still responsible for the debt that you owe, but it can now be easier to manage the situation without the onslaught of calls. If you DON'T dispute the debt within 30 days, the debt collector will assume the debt is valid. When disputing the debt, send a certified letter to establish a trackable timeline and once the debt collection agency receives the dispute, they must verify it within 30 days. Written Correspondence
  8. 8. For additional tips, advice and ways you can improve my credit, check out Improve My Credit USA to start dreaming again with financial freedom. Additional Help

×