Showing posts with label Debt and Debt Collectors. Show all posts
Showing posts with label Debt and Debt Collectors. Show all posts

Saturday, October 10, 2009

Debt Collector Was Sued And Now Has To Pay!



Here is a very interesting article about someone who sue a debt collector and WON!

The details are kind of complicated but hopefully after you read the article you will understand the whole thing better.

Basically it seems that the article is saying that the debt collector was in fault because they didn't properly review the details of the debtor and a judge ruled in the favor of the debtor.

Outsmarting A Debt Collector

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


Monday, September 3, 2007

Sneaky Tactics By Debt Collectors

Here is a very good article about some of the tactics that debt collectors may try on people that they are trying to collect from.

So many people are in debt nowadays and sometimes it seems as though the only solution to get out of debt is to get into more debt!

The article mentioned above talks about how some of the tactics that some debt collectors may try on on people are really not valid and they are just trying to scare people into paying their debt.