Top 7 tips to stop debt collection scams
1. Ask for a written debt validation
letter
Debt collectors are notorious for
using harassing and threatening phone calls to try and get people to pay their
debts. However, there is a legal way to deal with these calls, and that is by
asking the collector for a written debt validation letter. This letter will
confirm that the debt is actually owed, and it will also list the specific
details of the debt. If you receive such a letter from a collector, be sure to
review it carefully to make sure all the information is correct. If there are
any errors, you can dispute the debt.
2. Avoid providing personal or
financial information
If you’ve ever received a call from
someone who claims to be from a debt collection agency, asking for money
that you don’t owe, then you’ve been the victim of a scam. These scams are
becoming more and more common, as con artists try to take advantage of people
who are already struggling financially. But don’t worry – there are ways to
protect yourself from these scammers. Just be aware of what to look for, and
never give out any personal or financial information without verifying that the
caller is legitimate. If you think you may have been scammed, contact your
local authorities right away.
3. Get additional details from the
collector
Did you know that debt collectors can
contact you via email, text, or even social media? In most cases, they are
within their legal rights to do so. However, if you’re being harassed by a debt
collector or believe that the collection attempt is fraudulent, it’s important
to get more information. The best way to do this is to ask the collector for
specific details about the debt. This includes the name of the creditor, the
account number, and when and how the debt was incurred. If the collector cannot
provide this information or refuses to answer your questions, it may be time to
speak with an attorney.
4. Watch out for threatening behavior
If you’ve ever been behind on your
payments, you know the anxiety and fear that comes with debt collectors
calling. Sometimes, though, collectors cross the line, using threatening or
abusive language in an attempt to get you to pay up. This type of behavior is illegal
under the Fair Debt Collection Practices Act, so it’s important to be aware of
your rights and what to do if you’re targeted. Knowing what to expect can help
ease your mind and protect you from becoming a victim of fraud.
5. Block or ignore repeated calls
It can be annoying enough when
someone calls you repeatedly on your cell phone, but it can be downright
frightening if the person on the other end is behaving threateningly. If you
find yourself in this situation, don’t hesitate to block the person’s number or
even report them to the police. Doing so could help protect you from any
possible harm.
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