Re: credit agency harrassment

Posted by Terry (206.66.223.78) on February 02, 2004 at 15:11:39:

In Reply to: Re: credit agency harrassment posted by CardReport.Com on February 15, 2001 at 00:54:48:

: The first thing to do is find out if the company
: making the demands is the original creditor, or
: if it is a third-party outside collection agency
: that is either working the debt on commission, or
: has bought the debt at a deep discount from the
: face value. After this period of time, my guess is
: that it is most likely the second possibility.

: On the first collection letter, there should be a
: notation stating that you have the right to dispute
: the validity of the debt in writing. So send a
: brief letter to the address given, stating that
: you want to see some documentation verifying the
: debt. Do *not* say anything about paying it. The
: documentation request will at least discourage them,
: although they may still come up with it.

: The federal Fair Debt Collection Practices Act
: limits the level of harassment that collection
: agencies can engage in, and it still applies even
: if the agency has bought the debt. This law also
: gives you the "cease and desist letter" option,
: whereby you can simply request that the collection
: agency stop making payment demand phone calls and
: stop sending demand letters.

: Check our *Credit Problems* section (the link is
: at left), and read our Collection Agency FAQ
: (Frequently Asked Questions) for more advice on
: dealing with debt collectors, including references
: to the FDCPA.

: Good Luck.

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