A Phone Call from a Credit Card Debt Collector? . . . You Do Not Need to Take It.
There is little or no legal weight to a phone call from a credit card debt collector. Anyone can say anything and get away with it. Debt collectors use that to their full advantage. The telephone is their weapon of choice. Once things get reduced to writing, they become toothless.
Written communications from and to a credit card debt collector are what matter in court. If a consumer is writing to a debt collector it should always be certified return receipt requested.
Over the telephone credit card debt collectors lie a great deal. These are some of those lies:
1. They claim you are the target of a lawsuit in your local court and that you’ll get your summons any day.
2. They threaten to have you arrested. (Debts are civil, not criminal.)
3. They threaten to put a negative listing on your credit report.
4. They threaten to have your wages garnished.
5. They threaten to have your bank account seized.
The Fair Debt Collection Practices Act is violated by each of these threats.
Credit card debt collectors use the phone attempting to get personal details such as your bank account number, Social Security number, and work number, as well as getting you to confirm your credit card number and admit to the debt in question. The Credit Card Debt Survival Guide advises that you should never share any personal information with people on the telephone, as they could be anyone, and that you should always dispute and deny the debt to which they are referring and hang up the phone.
Curiosity should be the only reason for taking one of these calls. If a credit card debt collector calls out of the cold, let them tell you what debt they are calling about, then tell them you have received no written notice from them about the debt and hang up.
Fortunately, the Fair Debt Collection Practices Act allows you to write to the debt collector instructing them to stop all collection calls. Once this has happened, any calls are subject to a $1000 penalty because they then violate the law. You can keep a log of every call and then contact a consumer rights attorney about suing the debt collector, fee paid on the contingency of winning.
Technorati Tags:Credit Card
If you enjoyed this post, please consider to leave a comment or subscribe to the feed and get future articles delivered to your feed reader.
Ebay Deals on Credit Card
[CaRP] Can't open cache file.
Credit Card
Vintage Silk Scarf, (260A)
4 Aug 2010 at 9:14am
US $7.97 (1 Bid)End Date: Monday Aug-09-2010 7:14:46 PDT
Bid now | Add to watch list
200 Chrome Tire Valve Caps
11 Apr 2010 at 9:09am
US $29.95End Date: Monday Aug-09-2010 7:14:46 PDT
Buy It Now for only: US $29.95
Buy it now | Add to watch list
GOLD PLATED Bridal Kundan Necklace set with Earring
2 Aug 2010 at 9:14am
US $12.98 (0 Bid)End Date: Monday Aug-09-2010 7:14:46 PDT
Bid now | Add to watch list
01 02 FORD EXPLORER ANTI-LOCK BRAKE PART
11 May 2010 at 9:09am
US $85.00End Date: Monday Aug-09-2010 7:14:46 PDT
Buy It Now for only: US $85.00
Buy it now | Add to watch list
99 00 01 02 SILVERADO 1500 WINDSHIELD WIPER MTR
10 Jun 2010 at 9:09am
US $35.00End Date: Monday Aug-09-2010 7:14:46 PDT
Buy It Now for only: US $35.00
Buy it now | Add to watch list
Youtube Videos for Credit Card
[CaRP] Can't open cache file.
Videos tagged with Credit Card
Credit Card Generator New 2010 link [ Update 5 August 2010 ].mp4
9 Aug 2010 at 7:45am
Credit Card Generator 2010 Working 100 % with CVV [ Update 5 August 2010 ] ...
9 Aug 2010 at 7:41am
Running in the 90's
9 Aug 2010 at 7:02am
how to get a free ipod touch no credit card just make offers!
9 Aug 2010 at 6:38am
More Videos for Credit Card
[CaRP] Can't open cache file.
Search results for query: [Credit Card]
Fake a
23 Dec 2008 at 6:14pm
Fraudsters rack up millions of dollars in merchandise using fake credit cards with legit numbers hacked off the Internet. Detective Bob Watts of ...youtube.com
Frontline - Secret History of the
8 Aug 2007 at 5:13pm
The average American family today carries 10 credit cards. Credit card debt and personal bankruptcies are now at an all time high. With no legal ...video.google.com
Hate your
6 Feb 2007 at 6:57pm
Maxed Out takes viewers on a journey deep inside the American style of debt, where things seem fine as long as the minimum monthly payment arrives ...youtube.com
Suze Orman - Changes to
27 May 2009 at 2:50am
www.theinvestorwatch.com The announcement of changes to the law of what he credit card company can do to your credit card bill by the Obama's ...youtube.com
Deceptive
28 Oct 2009 at 6:02am
Study: Despite reform, credit card companies engage in more unfair practices.abcnews.go.com
Bestsellers on Credit Card
| Could not open http://www.searchfeed.com/rd/feed/XMLFeed.jsp?trackID=B7643778475&cat=Credit+Card&pID=41711&nl=2&page=1&ip=38.107.179.238 for parsing! |
Comments
No comments yet.
Leave a comment