How to handle collection agencies.
1.
Unless
you want to pay them: don’t talk to them or respond to their mail
correspondence. Many times they can be abusive, especially when an old
collection, one that has been “sold” to other collection companies, is going to
fall off your report soon due to the statute of limitations. Seven years in
most cases.
2.
Do
Not let them call your home, relatives, employer, etc.. This is illegal and a
simple letter can cure the duress they try to put you though!
3.
To
stop the harassing phone calls simply obtain their address and write a simple
letter that they are not to contact you in any manner but a letter. Be sure
that you notate the FDCPA (Fair Debt Collections Practices Act).
Finally, if you want to pay the debt that
is a moral issue of which I can’t address—only you. Just be sure to work out an
agreement whereas the negative item is removed from your credit report
and always get everything in writing.
Yours
in Credit Education,
Bad Credit Payday Lenders are the appropriate option for short-term financial needs of the multiple aspirations. Boring people can make the best use of the fund to pay all their bills and debts regardless of credit holders worse.
ReplyDeleteLoans For 3 Months
Instant Loans For People On Benefits
No Credit Check Short Term Loan