Why You Should Not Take a CC Debt Collector’s Call

Why You Should Not Take a CC Debt Collector’s Call

Here’s what most delinquent credit card debtors don’t know, telephone calls carry no legal weight because there is no record of what is being said during a call. As such, debt collectors take this opportunity to calls delinquent credit card holders and threaten them, going as far as telling lies. This is the reason why it is never a good idea to answer the phone when the debt collector is on the other line. Most debt collectors use the phone over sending mail because they know they will lose their power when communications are reduced to writing.

It is important to note that what holds weight in court is written contact with a credit card debt collector. Ideally, the presented records, letters etc., must come with certified return receipt. It is actually very common for many credit card debt collectors to lie on the phone. Below are some of the usual lies they will tell you over the phone:

  • Claiming lawsuits have been filed against you in local court and a complaint is on the way
  • Threats of arresting you (Important: No one can be arrested for a civil case)
  • Wage garnishment
  • Bank account seizures

Over the phone, a debt collector will try to get you to admit the debt, confirm your credit card number and obtain personal information like your Social Security number, office address, phone number and your bank account number.

It is critical at this point, to deny and dispute the debt (regardless whether it is really yours or not) and tell them you do not share your personal information to strangers. Do not give the debt collector a chance to convince you otherwise. Before hanging up, make sure to tell him or her than you need a written notification of the credit card debt and you refuse to talk this matter over the phone.

The Fair Debt Collection Practices Act gives you the right to demand a written contact and instruct the debt collector to stop calling. If the debt collector persists with the phone calls, he or she are breaking the law and are liable to a $1000 penalty for each call made. If this is the case, make sure to keep a log of each phone call and present it to a consumer rights attorney.

228 Responses to “Why You Should Not Take a CC Debt Collector’s Call”

  1. Lillia Okie says:

    Thanks for the tips on credit repair on your blog. What I would advice people is to give up the actual mentality that they buy right now and pay out later. As a society all of us tend to make this happen for many issues. This includes vacations, furniture, along with items we really want to have. However, it is advisable to separate your wants out of the needs. As long as you’re working to raise your credit score you have to make some trade-offs. For example you possibly can shop online to economize or you can look at second hand shops instead of costly department stores pertaining to clothing.

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