Tuesday, September 8, 2009

"Confessions Of A Debt Collector"




I found a very interesting article online about what it's like to be a debt collector. A real debt collector was interviewed about the various aspects of her job. While this would probably also be a good blog post for my Working From Home Blog because of a salary that a debt collector can make, it is also quite interesting to see how being a debt collector works.

I had my suspicions that these debt collectors got a commission off of the money that they collected but I didn't know that they had high quotas to fill (according to the online article) It also doesn't surprise me too much to know that some of these debt collectors are quite human in that some of them don't like to be harrassed theirselves or talked to in a negative way. And even sometimes they will speak to people who are in such a dire financial situation that the debt collectors "feel" for them but they still have to do their job. I remember one example from the article mentioned one person saying that they lost their job and that the wife lost the baby that she was carrying but still the debt collector asked "so when can you send in a payment.........".

It also seems that a debt collector's salary averages to about $14 per hour. BUT according to the article they have to make a certain quota or they risk losing their jobs.

The article also gives some advice on what debt collectors can and can not do as far as when they can call you and what they can say. There are also some good insights as to how sometimes the people they call can get the best of them by getting them to go "off script" or just by not co-operating.

A very interesting online article indeed!

Confessions Of A Debt Collector


No comments: