Here's how to confirm whether the caller is genuine and determine whether the debt is yours or not. These tips will help clear up the confusion. Receiving a call from a debt collector is always concerning let alone just plain upsetting. But it's even more unsettling when the debt collector is calling about an account you don’t [...]
Debt Collectors are aware that statistically, the longer a debt goes unpaid, the less likely it is that they will ever recover it. This knowledge drives them to start out strong and also encourages them to create a false sense of urgency when they talk to you. As an example they may try to pressure [...]
With the state of our economy and the fact that it’s getting worse not better, debt collection is at an all time high as consumers are struggling to meet their debt commitments and the wolves come howling at the gate. Most debt collectors threaten and harass people with dire legal consequences to get them to [...]
Negotiating with creditors is a stressful and complicated affair for any consumer attempting to do so by themselves. The average man on the street doesn’t know how to effectively go about negotiating with creditors. Often methods such as reducing expenditure, increasing income and following a stern budget aren’t enough to solve financial difficulties, therefore making [...]
Debt collectors may seem intimidating, their trained to be that way to recuperate debt, as their infamous for their aggressive and violent techniques, as they will harass and threaten debtors with various consequences. The following information will be helpful when dealing with debt collectors as OUDS explains how debt collectors function: Understanding how debt collectors [...]
