Debt is a major problem for American consumers today. Credit card debt is one of the biggest problems. A credit collection agency might start contacting you if debt is an issue for you. You might be getting numerous calls from these agencies, harassing you about your unpaid bills. You might be intimidated and scared. But, there is a way to deal with this. Just make yourself aware of your rights regarding communication with credit collection agencies.
There have been laws passed to protect individuals against unfair practices by a credit collection agency. The US Congress passed the Fair Debt Collection Practices Act. This act protects American consumers from predatory debt collectors. However, this act isn't all about protecting the consumers; it also allows the debt collectors to do their job. It just makes sure that they don't pursue payments from consumers in an unfair manner. One agency that does its job well and follows these guidelines is Rapid Recovery Solution.
Knowing which debt collection practices are legal is crucial for dealing with these agencies. They are only permitted to contact you in certain ways, so you should know how they can do this. For one thing, if it is not between the hours of 8am and 9pm, the collection agency can't contact you, unless you gave them specific instructions to do so. In addition, if you informed the agency that you are working with a lawyer, then they might not be allowed to communicate directly with you.
One more illegal practice regarding credit collection agencies involves violating consumer privacy by attempting to contact your work associates and family about your debt. It is not permitted for debt collectors to contact your friends, family, or employer about your debt. In addition, they can't tell a third party that they work for a credit collection agency when they contact them. Finally, a credit collection agency can contact your employer once to confirm that you have employment, but them they can't keep contacting the person without your permission.
Laws were designed to set up guidelines for how and when credit collection agencies can contact you. You should really know your rights if you are in debt and you are being contacted by these agencies. Try to stay in tune to the laws regarding these guidelines and you can even ask for a lawyer to help you if that isn't enough. Don't let unfair debt collectors take advantage of you.
There have been laws passed to protect individuals against unfair practices by a credit collection agency. The US Congress passed the Fair Debt Collection Practices Act. This act protects American consumers from predatory debt collectors. However, this act isn't all about protecting the consumers; it also allows the debt collectors to do their job. It just makes sure that they don't pursue payments from consumers in an unfair manner. One agency that does its job well and follows these guidelines is Rapid Recovery Solution.
Knowing which debt collection practices are legal is crucial for dealing with these agencies. They are only permitted to contact you in certain ways, so you should know how they can do this. For one thing, if it is not between the hours of 8am and 9pm, the collection agency can't contact you, unless you gave them specific instructions to do so. In addition, if you informed the agency that you are working with a lawyer, then they might not be allowed to communicate directly with you.
One more illegal practice regarding credit collection agencies involves violating consumer privacy by attempting to contact your work associates and family about your debt. It is not permitted for debt collectors to contact your friends, family, or employer about your debt. In addition, they can't tell a third party that they work for a credit collection agency when they contact them. Finally, a credit collection agency can contact your employer once to confirm that you have employment, but them they can't keep contacting the person without your permission.
Laws were designed to set up guidelines for how and when credit collection agencies can contact you. You should really know your rights if you are in debt and you are being contacted by these agencies. Try to stay in tune to the laws regarding these guidelines and you can even ask for a lawyer to help you if that isn't enough. Don't let unfair debt collectors take advantage of you.
About the Author:
For additional information on credit collection agencies, click here now!. This article, How to Work With a Credit Collection Agency is released under a creative commons attribution license.
