Here's How To Know Whether The Debt Collector Is Legit

By Author: Patricia Hayden
Total Articles: 3
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Debt collectors may make your experience intimidating. Besides, spam calls and text messages have run rampant over the years. In addition, scammers utilize brilliant techniques when it comes to extracting money. Therefore, it can be more challenging and potentially scary to be on the end of a call. However, these are some signs that a collector is not legitimate.

You may come across calls that easily pinpoint scams, especially from someone you don't owe money to. But, most of the time, it can be tricky to spot. Moreover, the collection agency in Atlanta focuses on areas that callers may not be legitimate.

● The caller threatens the customers; however, as per FTC, the collection agency has no right to threaten consumers for non-payment. Also, you cannot be arrested for debt.

● The caller may claim to represent the Internal Revenue Service; however, IRS never demands immediate payment or asks for payment information over the phone.

● The caller asks for personal information, i.e., social security number or credit card information

● The person on the phone shows a lot of aggression still; ...
... a professional debt collection agency will run conversations professionally.

Things to do when a debt collector calls

If a debt collector calls, there are things you need to keep in mind. Moreover, you can protect yourself, whether the call is legitimate or not. When they call, here's what the Atlanta collection agency focuses on.

● Be honest on if you can afford to pay
● Keep a record of what has been discussed
● Let them know if there is a better time to discuss the matter
● Know the rights and repeat them back to the caller

Don'ts when a debt collector calls

There are quite a few things that the experts at the collection agency in Georgia recommend. This includes

● Disclosing financial information
● Getting upset or frustrated with the interaction
● Sharing personal details, i.e., social security numbers, addresses, or family and friend’s details

Report Fake Calls

If you strongly suspect that the debt collector is scamming, you must report the caller and their organization. Besides, this is critical to prevent future calls and protect others. The best way to report abuse by a collector is directly contacting the FTC. The FTC takes the report and investigates the matters with its enforcement official.

Initiate payment

If the debt is yours, feel confident with the approach. Moreover, they should be within the statute of limitations for debt collection. To safely pay your debt, you need to set up a payment plan and ask the account to be deleted once done. However, consumers need to write down everything in detail for future needs.

Final Wrap

Debt collection agencies include professionals. There's a team of experts working to enhance the overall collection procedure. Collection businesses face many issues, and with the right strategy, agents efficiently handle clients. Besides, your agencies must align with the FDCPA, and any violation has a significant effect. So, speak to the experts before your partner with a professional firm.