Being in debt can take a big toll on any person, both emotionally and physically.
Los Angeles-Long Beach, CA (PRWEB) July 03, 2016
National Debt Relief recently shared in an article published June 5, 2016, how consumers can deal with collection calls they get at home. The article, titled “What to Do When a Debt Collector Calls,” gives people important tips for handling the calls, which can help them get out of a sticky situation.
The article starts off by pointing out that being in debt can take a big toll on any person, both emotionally and physically. It is tough to be several months behind on payments and there are times where on top of these, consumers get debt collection calls. This simply means that one of their lenders has charged off the debt on their books and sold it to a debt collection agency.
For the consumers receiving the call, the first thing the article shares is to never panic when they get the call. As soon as they panic, they lose the chance to take the high road and could easily fall prey to the dirty tactics of some collection calls. The collector may bluster and start to make threats with all kinds of dire consequences like calling an employer or family members about the debt.
When faced with this, the article points out that consumers must know their rights under the Fair Debt Collection Practices Act. There are a lot of things listed in that such as preventing the calls from being made repeatedly. The debt collection company can also only make calls out to consumers between 8:00AM to 9:00PM. They are also not allowed to disclose any debt information to third parties like the person's job or even relatives.
It is important that as soon as consumers receive the call, they ask for the details. This can be the name of the collector and their collection company and even the original creditor that held the debt. It is also advisable to ask for the exact amount owed and even how to dispute or verify the account.
To read the full article, click here.