What Not To Do When Talking To Collection Agencies

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	What Not To Do When Talking To Collection Agencies

charlie43

4-16-2009 7:56 PM

54 views

tags:

collection agency, credit rating, debt, payment, personal finance, statute of limitations

charlie43 says:

when taliking to a collection agency, be very careful about what you say

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/9e791a09-2782-4d83-b158-6cd4f8a735e3/77AEEAE4-D8F8-4C8E-AA0C-53635AC020A4/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://liabilityrelief.com/" href="http://liabilityrelief.com/" style="font-size: 11px;">liabilityrelief.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://liabilityrelief.com/"><P><SPAN class="cap" title="I"><SPAN>I</SPAN></SPAN>f you are ever contacted by a collection agency, and you say the wrong things, you could be setting yourself up for a very hard time.  On the other hand, if you dodge bill collectors, the only thing that will get you if it hit on your credit score.  Avoiding bill collectors for a long period of time causes your credit rating to sink lower and lower.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://liabilityrelief.com/"><P>4.  If the debt is a legitimate, and has not expired, you should pay it off.  Be sure to get an agreement from the collection agency and writing before sending any type of payment.  The agreement must specify how much you owe, and how much you will be paying every month.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://liabilityrelief.com/"><P>8.  Never give them information over the phone when they call you.  This could very well be a scammer that is after your bank, social security or personal information.</P></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/77AEEAE4-D8F8-4C8E-AA0C-53635AC020A4/blog/" title="blog or email this clip"><img src="http://content9.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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