False or Misleading Representations: Collection agencies are prohibited from making false or misleading representations to consumers in the course of trying to secure debt repayment. Some violations of the-law in this area include:
1. Falsely stating or implying that the debt collector is bonded by, or associated with any federal or state government entity.
2. Falsely representing the nature of any debt, the amount owed, the legal status of the account, or compensation paid to the collection agency for recovering the debt.
3. Falsely claiming that the debt collector is an attorney or represents an attorney.
4. Falsely asserting that you will be imprisoned or arrested if you don't pay your bills (debtors' prisons don't exist anymore in this country).
5. Falsely representing that your failure to pay could result in your wages being garnished, your property being seized, or your assets being sold - unless such measures are lawful, and unless the debt collector actually intends to take those actions.
6. Falsely stating such misinformation such as the documents they send to you represent a legal process or that the debt collector works for a credit bureau.
Harrassment: No debt collector is legally allowed to harass, abuse or oppress you – under any circumstances whatsoever. Any of the' following tactics are violations of the Fair Debt Collection Practices Act:
1. The use of violence, or the threat of it, or any criminal action that would hurt a person's body, property or reputation.
2. Obscene or profane language (verbal or written).
3. Publishing any lists (except to a credit bureau) that shows consumers who refused to pay a debt.
4. Threatening or actually posting the debt for sale to another party in order to compel repayment.
5. Constantly calling an individual on the telephone or engaging a consumer in repeated conversations with the intention to annoy, abuse or harass someone.
Furnishing Certain Deceptive Forms: Debt collection agencies are prohibited from supplying you with misleading or deceptive forms in a bid to make you pay your debts. The Fair Debt Collections Reporting Act states that it is unlawful for debt collectors to design compile or furnish any form knowing that such a form would create a false belief or a false impression that anyone other than the debt collection agency is participating in the collection activity (for example, debt collectors can't falsely claim lawyers or government agencies are involved)
Benefits Of A Debt Management Plan
A) Are acceptable to all your creditors.B) Leave you enough money to han...
benefits-of-a-debt-management-plan.php
Staying Out Of Debt With The Irs At Tax Time
You may have income not subject to withholding, such as dividends, interest, income from side bu...
staying-out-of-debt-with-the-irs-at-tax-time.php
Benefits Of Working With A Credit Counseling Agency Part 1
A) Detail what you owe.B) Give you an organized picture of your financial situation.C) ...
benefits-of-working-with-a-credit-counseling-agency-part-1.php
A List Of Rights You Have Against Debt Collectors Part 3
1. Collecting any money at all - such as interest, late fees, or any charges...
a-list-of-rights-you-have-against-debt-collectors-part-3.php
All Women Need To Read This Understanding The Equal Credit Opportunity Act
One of the main problems with the ECOA is that it is difficult to prove discrimination s...
all-women-need-to-read-this---understanding-the-equal-credit-opportunity-act.php
Talking With A Creditor 5 Steps Of The Negotiation Cycle
Your bargaining power in this technique is your willingness to ...
talking-with-a-creditor---5-steps-of-the-negotiation-cycle.php
4 Ways To Help Boost Your Credit Score
1. Try to Get Positive Accounts Reported: You know that the credit bureau...
4-ways-to-help-boost-your-credit-score.php
Getting A Bad Credit Loan
Getting a bad credit loan is not an easy task but it is a doable one. Often people do not realize that they can ...
getting-a-bad-credit-loan.php
Filing For Bankruptcy Which Plan Is Right For You
Filing a Chapter 7 bankruptcy can mean you have to give up some of your assets (...
filing-for-bankruptcy---which-plan-is-right-for-you.php
It's Tough To Save Money When You Are Already Broke But You Can Do It
You are probably thinking at this very moment: ...
it's-tough-to-save-money-when-you-are-already-broke-but-you-can-do-it.php
Are You A High Risk Or Low Risk Credit Applicant Understanding Your Fica Score
Credit scoring uses your credit history to evaluate the likelihood of your lo...
are-you-a-high-risk-or-low-risk-credit-applicant---understanding-your-fica-score.php
Ways To Get Out Of Debt & Save Money Part 1
Understand that there are monthly expenditures that you may not be able to change immediately, for...
ways-to-get-out-of-debt-&-save-money-part-1.php
How To Build Credit In Your Own Name After A Divorce
Getting credit in your own name is also an excellent strategy for repairing your credit if:...
how-to-build-credit-in-your-own-name-after-a-divorce.php
Cleaning Up Your Credit Without Paying
This process, as outlined in the FDCPA, is quite different from the ...
cleaning-up-your-credit-without-paying.php
Financial Records Create An Effective Filing System
• Banking records (including checking and savings accounts)• Bills...
financial-records---create-an-effective-filing-system.php
Resourcesother
...
resourcesother.php
Ways To Get Out Of Debt & Save Money Part 2
Once It's in Savings, Leave It There: A good rule of thumb for us all: Once it goes into your savings account, lea...
ways-to-get-out-of-debt-&-save-money-part-2.php
The Benefits Of Keeping An Open Checking Account
A savings or money market account, too, will improve your standing with creditors. Even ...
the-benefits-of-keeping-an-open-checking-account.php
Whats The Best Time To Negotiate With Creditors
If your credit is already shot, at other times, it's often more advantageous to negotiate with cred...
whats-the-best-time-to-negotiate-with-creditors.php
Saving Money And Becoming Debt Free Requires Deep Changes
Once you get to the point where you believe that budgeting and saving are better than having o...
saving-money-and-becoming-debt-free-requires-deep-changes.php
Benefits Of Working With A Credit Counseling Agency Part 2
A good credit counselor offers solutions with your future goals in focus. A solu...
benefits-of-working-with-a-credit-counseling-agency-part-2.php
What To Do When There Is A Bank Error In Credit Reporting
Credit reporting is an important tool that banks use to ensure they get paid. Bank...
what-to-do-when-there-is-a-bank-error-in-credit-reporting.php
The Importance Of Keeping Good Financial Records
Personally speaking, I'm pleased to be able to...
the-importance-of-keeping-good-financial-records.php
The Shocking Truth Behind Credit Report Inaccuracies
According to a number of consumers group...
the-shocking-truth-behind-credit-report-inaccuracies.php
Innovis The Credit Report You've Probably Never Heard Of
As recently as 2003, Innovis denied that it was actually in the credit-reporting bus...
innovis---the-credit-report-you've-probably-never-heard-of.php
Applying For A Credit Card Check Out These 5 Comparison Shopping Tips
Here's what you should look for in a credit card:...
applying-for-a-credit-card---check-out-these-5-comparison-shopping-tips.php
How Being Frugal Can Help You Gain Financial Independence
Being a cheapskate doesn't mean you can't enjoy life; it j...
how-being-frugal-can-help-you-gain-financial-independence.php
8 Solid Tips When Applying For Credit Cards
1. Be consistent with the name you use. Use your middle initial always or never. Always use your generation (Jr., Sr., I...
8-solid-tips-when-applying-for-credit-cards.php
5 Questions You Must Ask A Credit Counseling Service Before Deciding
Credit counseling is not a good option if you're current on your bills and ab...
5-questions-you-must-ask-a-credit-counseling-service-before-deciding.php
Relationships And Money Research Your Partners Debts Before Making Big Choices
Understand that even though you may be living off one paycheck, it should be easier to control and track where the m...
relationships-and-money---research-your-partners-debts-before-making-big-choices.php
Learn How To Have Your Student Loans Canceled
The student loan scheme is quite complex, depending on the type of loan you have and when y...
learn-how-to-have-your-student-loans-canceled.php
Ways To Get Out Of Debt & Save Money Part 3
If you can, select a certain percentage of your income, for ...
ways-to-get-out-of-debt-&-save-money-part-3.php
What Are Rapid Rescoring Services How Can They Help My Credit
1. They can't deal with you directly as a consumer - Rapid rescoring is typically off...
what-are-rapid-rescoring-services-how-can-they-help-my-credit.php
Why Do So Many Adults Have A Hard Time Managing Their Money
Remember back in high school when you were learning calculus, art and science? There wa...
why-do-so-many-adults-have-a-hard-time-managing-their-money.php
Myth Closing Credit Accounts Will Help Your Score
Of course, if you think about it, what's kept you from racking up big balances before now? If you've been pretty res...
myth---closing-credit-accounts-will-help-your-score.php
Are You Unemployed Learn The Smart Way To Utilize Your Credit & Your Cash
Prospective employers often pull a credit report as part of the employment process,...
are-you-unemployed---learn-the-smart-way-to-utilize-your-credit-&-your-cash.php
Links Page
...
Links-Page.php
Disputing With Credit Bureaus Know Your Rights
The FCRA provides a list of rights and proced...
disputing-with-credit-bureaus---know-your-rights.php
How Identity Theft Can Crash In Innocent Persons Credit
Thieves tend to do the most damage when they can take over your iden...
how-identity-theft-can-crash-in-innocent-persons-credit.php
A List Of Rights You Have Against Debt Collectors Part 1
1. Can't tell third parties, such as your boss or neighbors that they're trying to reach you about...
a-list-of-rights-you-have-against-debt-collectors-part-1.php
Learn How To Read Your Credit Report
These days, bad marks on your credit report can determine whether you land the job you're applyi...
learn-how-to-read-your-credit-report.php
Questionnaire To Determine If Your Future Spouse Is Financially Compatible
1. What is your annual income?2. How much money do you currently have in your checking acco...
questionnaire-to-determine-if-your-future-spouse-is-financially-compatible.php
