Tag: First Capitol Collections
Dealing with debt is stressful enough without the added hassle of having to constantly deal with threatening phone calls from the collection agents of your creditors or third party collection agencies. It is often these phone calls that cause people to panic and put off paying their debts as they fall more and more behind with their repayments. More hints
As the stress of the situation can actually make things a lot worse, how can you stop debt collection agencies from threatening you?
Your Rights and Debt Collection Agencies
What you may not realize is that debt collectors are actually not allowed to harass you or threaten you. Many get away with it because people simply assume that it is part of the job and it is completely legal. However, it isn’t and you do have rights as a consumer, even if you are behind with your repayments.
The first thing that you need to know is that you can request that the creditor or the debt collector only contact you when it is convenient for you. Legally you have a right to request that they do not contact you whilst you are at work. You cannot prevent them from contacting you completely, but you can request that they contact you at a more convenient time. This will stop constant phone calls and that in turn will ease your worries just a little.
Another thing that you need to understand is that a creditor or debt collection agency cannot threaten you or talk to you in an obscene way. Some do, as they know that they can get away with it, but if you know your rights and you let them know that you know your rights, you should soon find that their tone changes and you are treated with more respect. They are also not allowed to treat you unfairly when they are collecting debts either. It may be expected that debt collection agencies can be rough with you when they come to your home, but it is against the law and you do have rights.
Keep All of Communication in Writing
One of the most effective way to stop harassment is to record it. Keep records of all of the letters that you have written to them and all of the communication they have made with you. You could even record phone calls by purchasing a special device that attaches to your phone. That way you will have evidence of foul play and you can protect yourself through the courts if needed.