Do you owe a current debt or a past due debt on your credit cards, personal loan, automobile loan, or another type of loan that reports to the credit report agencies? If so it will drag your scores down to the point that they are considered to be less than perfect. That will make it difficult for you to obtain new credit cards or loans in the present and the future. If you do get approved for credit cards or loans your interest rate will be high, which means your payment will also be high. In addition to having bad credit you’re also most likely receiving calls from credit agencies that are attempting to collect the debt that you owe.
The collection agencies are allowed to contact you. However, there is a strict set of rules and regulations as set forth by the federal government that prevents them from harassing you. The bottom line is that collection agencies and collection agents who work with or for those agencies must treat you with a high level of respect and dignity each and every time that they contact you. That being stated, they don’t always do this. In fact, some credit agents go so far as breaking these laws when contacting people in order to attempt to collect a debt or multiple debts. Stop Collection Calls, Stop Collection Agency Calls – Legal Rights Advocates (yourlegalrightsadvocates.com)
It’s not like they’re unaware of the consumer protection laws. It’s that they just don’t care about breaking them. These underhanded collection agents know that the vast majority of consumers have absolutely no idea that they have rights to not be harassed by collection agencies and collection agents. In essence, these underhanded, unscrupulous collection agents know that you don’t know your rights. So they continue to use harassing tactics because they want to scare you into paying them. You see, collection agents typically only make money when they actually collect upon the debts.
That’s why they will say scary things that may force your hand into paying them even though you truly cannot afford to. For example, a few collection agents will call to inform you that if you fail to make a weekly or monthly payment plan, or pay off the balance in full they will have your wages garnished. You need to know that collection agencies have no power when it comes go garnishing your wages. That must be determined by a court of law. So if they say that, they’re not only lying, they’re also breaking the consumer protection laws.
Another lie that some collection agents will tell is that they will have you arrested if you fail to pay your debt by a certain time. Once again, they have no rights or power to do that. It’s only a bold faced lie. However, it tends to work in many cases because the prospect of getting arrested is scary to most people. Numerous collection agents do other things besides lying that are considered to be debt harassment according the federal law. For example, if a debt collector calls you before 8 AM in the morning and or after 9 PM in the evening they’re committing debt harassment.
This is due to the fact that debt collectors are only allowed to call you between the hours of 8 AM and 9 PM. Speaking of debt collection calls, if the debt collector calls or contacts your boss, co-workers, neighbors, family, or friends and discusses anything about your debt they are harassing you. Debt collectors are not allowed to discuss your financial situation with any other parties unless you approve that they can. The reason they may do this behind your back is to embarrass you. Many debt collectors want to either scare or embarrass you in order to spark a deeply negative emotion. https://yourlegalrightsadvocates.com/blog/2018/05/how-to-stop-threatening-calls-from-all-debt-solutions/
Once again when most people become so scared or embarrassed that they just want the feeling to go away. That is called being vulnerable. When you’re vulnerable it greatly increases the chances that you will pay the debt collector just to make the feeling stop. This holds true even if it means that you’re taking food off of your table, or you won’t be able to pay the utility bills this month. The good news is that we can help if you find yourself in this situation. Nobody should be the victim of debt harassment. Yet there are so many victims out there and many of the underhanded debt collectors are getting away with it and profiting from their illegal actions. https://yourlegalrightsadvocates.com/blog/2020/06/just-because-you-have-less-than-perfect-credit-does-not-mean-you-deserve-to-be-hassled/
If you would like to put a stop to debt harassment ASAP, please contact Your Legal Rights Advocates today. We are a legal rights based law firm that fights for the rights of our clients. We feel your pain and sympathize with your situation. Allow us to give you the helping hand that you need.
