If 54% of American’s have a credit score that’s good enough to buy a house… that means 46% of American’s are listening to Debt Collector Calls… no wonder we’re depressed!
But there are also debt collection agencies and debt collectors who perpetrate scams on honest people who owe nothing; and debt collectors who clearly violate the law in collecting debts. You should know that in any situation, the Fair Debt Collection Practices Act requires that debt collectors treat you fairly and prohibits certain methods of debt collection.
The biggest “scam” we see involve people who have Collections. Those accounts are SOLD (for more info on that click here)… and can add 2 to 3 negative trade lines to your credit report each YEAR!
We strongly recommend that you set up a plan for the ones that are still active – don’t know which ones those are? Call us, Steve Thorne 919-649-5058… I was doing an analysis of one person’s scores this week, and PAYING OFF the Collection HURT her credit score by 72 points.
I quickly added a disclaimer to the site. We have tons of info here – but it really is best to talk to us and let us look at your situation!
I try and answer all questions :)