One of the most annoying and stressful phone calls to receive is one from a debt collector. Everybody dreads this kind of call, and some even stop answering the phone when they don’t recognize the number calling. The calls can become quite harassing, especially when you get an extra pushy collections agent. These types of calls only add to the level of stress you feel when you’re trying to pay off debt.
The government has actually begun to enforce something called the Federal Debt Collection Practices Act to prevent harassment by collections agencies. Under this act, the caller is required to give you his or her identification; you have the right to not be called at your place of business; you have the right to sue for harassment. They may not threaten you or give information about you to third parties. There are other details under this act that provide for the relief of stress due to collection calls. Study this act if you feel you are being harassed, and take action to prevent or stop them.
Often times, the debt collector will try to use emotional duress or guilt to try and collect an owed amount. There are ways to protect yourself from being trapped emotionally. Try to keep calm, and don’t let them provoke you. Don’t get into arguments or use foul language. Don’t give your bank details. Be sure to verify debt validation. If they call too much and you feel harassed, you can send a cease and desist letter. You also have the right to dispute the debt.
The best way to stop debt collection agencies from calling is to try your best to settle your debt. There is no reason to spend even more money by paying fees to credit repair services. The best thing you can do is purchase credit repair software and try to fix your credit yourself. Such software can help you find discrepancies or inaccuracies in your credit report, then help you figure out which debts you can dispute and even provide templates for professional credit report dispute letters.
Getting organized by purchasing credit repair software will help you see exactly what debts you actually owe, which accounts are inaccurate or outdated, and can alert you to possible identity theft. You may not realize that your identity has been compromised without examining your credit report. This type of software can help you identify and dispute suspicious activity.
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