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Get Relief from Creditors
If you fall behind on your accounts, you may begin to receive
calls from your credit card issuers. Initially these may be
courtesy calls to make sure that you did not forget to pay or
otherwise lose your statement. As you fall further behind,
collection calls can become more offensive.
Harassment
Collection calls can be a nuisance that disrupts your daily
life. Calls can come throughout the day and even on the weekend.
Creditors may call your family, neighbors and even your employer
to locate you. Such calls can be embarrassing and can jeopardize
your relationships and employment.You are protected from
harassment by the Fair Debt Collection Practices Act (FDCPA).
However, collection agents routinely violate your rights under
the FDCPA. The correctly assume that most cardholders do not
know their rights. If these calls are becoming inconvenient for
you, you can request that they cease and desist all telephone
calls to you or anyone else regarding your debt. This does not
in any way reduce your liability for the debt, nor does it
protect you from damage to your credit or legal action.
Relief from Collection Calls
If you are receiving collection calls, understand that credit
counseling agencies can help you find relief from these calls.
Our Accredited Financial Counselors can help you get back on
track by securing benefits with your creditors to help bring you
back to a current status. Your creditors can call your new
Account Advisor rather than bothering you. Many creditors stop
all collection calls once a debt management plan has been
approved.
Re-age your Accounts
Many creditors that participate in our debt management
program are willing to re-age your account. This means that
instead of showing 1 or more months late and having a much
higher minimum payment, your account could be returned to a
current status, and you could even owe a smaller minimum payment
than you faced before your account went delinquent.
When a creditor re-ages your account, the account is
reflected as current again on your credit report. Your minimum
payment no longer includes amounts for late payments, late fees
and over-the-limit fees. You do not have to make a double or
triple payment just to get caught up. They stop charging you those nuisance
fees. Also, a debt management plan can stop collection calls
once your creditor approves the terms of your plan and they
begin receiving your program payments. Our Accredited
Financial Counselors are ready to help you find relief from
collection calls.
Call us today to stop collection calls. |
