If a collector withholds this information or fails to provide it immediately, this may be a sign of a scam. Even if it’s not outright fraud, a debt collector has no right to take your money if they cannot validate the debt. 4. They request an unconventional payment method ...
When dealing with a debt collector, don’t rush to pay or promise to pay. Instead, check the facts, know your rights around communication and report violations.
Your first line of defense is knowing what to say and what to avoid saying in any communication with a debt collector. Don't let a collector that contacts you by phone catch you off guard: put the ball back in the collector's court by asking the caller these key questions: The caller'...
Don't expect debt collectors to give up on tracking down money owed. Here's what to expect if you've let an old debt linger.
In macOS, a Text Clipping is a selection of text that you've dragged from an application to another location on your Mac, where it becomes a unique kind of standalone file. The relatively little-known feature has been around since at least Mac OS 9, and it offers a convenient way to ...
One of the easiest ways to tell if you’re dealing with a legitimate debt collector is to check if the collector is following the rules set under the FDCPA [*]. Under the act, debt collectors cannot: Use deceptive, unfair, or abusive practices when contacting you about credit card, mortga...
Debt collection practices can be aggressive. But when a third-party debt collector contacts you about your debt, there arerules and regulationsthey have to abide by, according to the Consumer Financial Protection Bureau (CFPB). First, they’ll have to tell you the original creditor that turned...
Re-aging can also occur, at least temporarily, when an unpaid debt is sold by a creditor to a debt collector. The debt collector may have no idea whether the debt they are purchasing is legitimate, was the result of identity theft, was paid off, was forgiven by the creditor, or is pa...
The ancient Chinese also produced many vases that have survived to this day, including the exquisitely crafted Ming vase. Produced during the Ming Dynasty (around 14th to 16th centuries A.D.), these vases were made of porcelain and elaborately painted, making them a highly coveted collecto...
Although a debt collector can’t take you to court over an expired debt, they can still try to collect on it. They can continue to call you or send letters to get what they’re owed. They can’t use legal means, such as a lawsuit or wage garnishment....