Get Out Of Debt Fast

Archive for the 'Debt Collections' Category

Debt Collectors - Don’t Get Bullied

Sunday, September 21st, 2008

Even the most responsible individuals can fall behind during difficult economic times.  You need to know the following information if you have missed a few payments and feel like you are getting attacked by debt collectors.
You don’t have to give debt collectors any personal information such as your place of employment, the name of your […]

Debt Collectors

Monday, July 7th, 2008

With today’s economic downturn, more and more people are falling behind on their payments and becoming targets of aggressive debt collection agencies.  In the last few years, complaints against debt collectors have risen dramatically.
One way for debt collectors to make money is to buy up debt from companies and then actively pursue the individuals who […]

Debt Collector Tactics

Saturday, July 5th, 2008

There are several legal methods that creditors can use to collect money owed to them.  One debt collector tactics is to turn the delinquent account over to a collection agency.  A collection agency is a business that makes money collecting debts.  Usually the agents who work for these businesses are on a commission basis and […]

Debt Collection Laws

Thursday, June 12th, 2008

The Fair Debt Collection Practices Act (FDCPA) is a debt collection law that dictates how a debt collector can and can not treat consumers.  This law applies to personal debts, including money owed for an auto loan or home loan, for medical care and for credit card accounts.
According to the Federal Trade Commission (FTC), under […]

Debt Collector’s Tactics

Tuesday, June 3rd, 2008

Do you have a debt collector calling you making harassing phone calls, threats or using obscene language?  Some debt collector’s tactics can be one of the most stressful experiences you will have.  A collector may embarrass you by getting in touch with your employer, family or neighbors.  Even though a debt collector is trying to […]