A lot of people today are in debt. Most of the time the problem is unpaid credit card bills. If this is a problem that you are experiencing, you may also be dealing with a credit collection agency. Are you receiving constant calls from a credit collection agency, reminding you to pay your bills? Are you intimidated and scared? Well, you should know your rights regarding communication with credit collection agencies.
There are specific laws that concern individual rights regarding a credit collection agency. The Fair Debt Collection Practices Act was passed by the US Congress to do just that. It protects American consumers from unfair debt collection practices. And, it also makes it possible for the debt collectors to properly do their job. In order to protect consumers, it sets up guidelines for credit collection agencies to follow so they don't use unfair practices to pursue payments. Click here to learn about a credit collection agency, Rapid Recovery Solution, which does its job well.
It is important for you to know legal and illegal debt collection practices. You should be aware of the specific ways in which a credit collection agency is permitted to communicate with you. For example, debt collectors can only contact you between the hours of 8am and 9pm, unless you have specifically told them that you can be reached late at night of very early in the morning. Also, if you told the credit collection agency that you are working with an attorney, the agency might not be permitted to directly contact you.
Violating your consumer privacy is another illegal practice that a credit collection agency can engage in. They do this by contacting your family and work associates to talk to them about your debt. This is not allowed. The collection agency might even try to inform a third party that they work for a collection agency when they contact them, which is also illegal. Lastly, a collection agency actually can contact your employer, but only to confirm that you have employment. After that initial contact, they can't continue without your permission.
Laws were designed to set up guidelines for how and when credit collection agencies can contact you. You should really know your rights if you are in debt and you are being contacted by these agencies. Try to stay in tune to the laws regarding these guidelines and you can even ask for a lawyer to help you if that isn't enough. Don't let unfair debt collectors take advantage of you.
There are specific laws that concern individual rights regarding a credit collection agency. The Fair Debt Collection Practices Act was passed by the US Congress to do just that. It protects American consumers from unfair debt collection practices. And, it also makes it possible for the debt collectors to properly do their job. In order to protect consumers, it sets up guidelines for credit collection agencies to follow so they don't use unfair practices to pursue payments. Click here to learn about a credit collection agency, Rapid Recovery Solution, which does its job well.
It is important for you to know legal and illegal debt collection practices. You should be aware of the specific ways in which a credit collection agency is permitted to communicate with you. For example, debt collectors can only contact you between the hours of 8am and 9pm, unless you have specifically told them that you can be reached late at night of very early in the morning. Also, if you told the credit collection agency that you are working with an attorney, the agency might not be permitted to directly contact you.
Violating your consumer privacy is another illegal practice that a credit collection agency can engage in. They do this by contacting your family and work associates to talk to them about your debt. This is not allowed. The collection agency might even try to inform a third party that they work for a collection agency when they contact them, which is also illegal. Lastly, a collection agency actually can contact your employer, but only to confirm that you have employment. After that initial contact, they can't continue without your permission.
Laws were designed to set up guidelines for how and when credit collection agencies can contact you. You should really know your rights if you are in debt and you are being contacted by these agencies. Try to stay in tune to the laws regarding these guidelines and you can even ask for a lawyer to help you if that isn't enough. Don't let unfair debt collectors take advantage of you.
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