Having debts, late fees, Paying under a collection agency is harsh to hear but it could be worst when you know that the collection agency that you’re paying to is a scam, means all of your money just went to somebody you didn’t know. Getting stuck in this situation is frustrating. It also creates a sense that you cannot trust anybody at all when it comes to your finances. You feel helpless and that all of your hopes are gone because of what happen. But there are some things that you can do to avoid this from happening to you or anybody you know that may not only save you, it will save them too.
First thing that you have to do is to verify the collection agency once you receive the call or letter. Verify their company address, fax and phone numbers, their license to operate etc. so that you will be sure that they really exist as a company. Next is to verify the debt. You should be able to verify the certain debt that they tell you about. Ask them for specific records and letters so that you can be sure that it is under your responsibility. The third thing is to tell them to stop harassing you. Send them a letter that signifies your responsibility if you own the debt and if not sends them a letter about the Fair Debt Collection Practices Act; they will be stunned on how much you about collection and debt rights. Contact people who are also harassed by collection agencies and make them be one of your powerful allies break the collection agency spell. These are some of agencies that you may want to know: All American Financial Associates, Allen, Lewis and associates LLC, and CACH LLC. Once everything is verified, you can go ahead and do the settlements. You can negotiate for a payment plan that will fit or suit your income. Get the collection agency be aware of your situation so that they can have some good negotiations to build instead of just arguing with you. And make them do everything into writing so that it will be documented and all the money that you paid including the dates and the transactional numbers should be kept for future references as the debt may surface again after some years. Do not provide them your card numbers or check and account information. They are documenting the information and they might use them for the wrong reasons. And the best tip, before everything like this happens, just pay your debt. Pay it on time and be sure that you got a receipt or a proof that you did it. That is the best way is to face it and not to run away or make some tricks to set it aside. Your best tool is always good decision making and planning. Also making yourself knowledgeable is a big plus as it will be the line between being a victim from being a survivor.
