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How to Fight a Collections Agency and Win |
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Learn how to fight a collections agency and win. Understand your rights when faced with a collections agency and discover how to beat them. |
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| Author: Lisa Nichols |
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Your Rights and the Fair Debt Collection Practices Act
The Fair Debt Collection Practices Act ensures that you retain your rights when dealing with a collections agency. The law means that collections agencies are required to treat everyone fairly. Consumers have the right to tell collections agencies not to call too early in the morning or too late at night. If an employer does not allow personal calls, the Fair Debt Collection law ensures that collection agencies cannot call people at work once they have been informed of company policy.
Fighting a Collections Agency and Getting Results
Fighting a collections agency when you have accounts in collections by mistake takes some time -- but it works. The Fair Debt Collection law allows consumers to request that the collections agency provide proof of a bad debt in a letter. If the debt is incorrect, consumers have the right to tell the collections agency to stop contacting them. If the collections agency doesn’t stop requesting payment, you have the right to sue them in state or federal court within one year of the violation of the law.
Fixing Problems and Mistakes in a Credit History
If someone attempts to fight a collections agency and finds out that a bad debt really exists, he or she can fix mistakes and problems in his or her credit history to make it go away. Mistakes in a credit history can be fixed by contacting the reporting company to clear up the error. Fixing credit history problems like bad debts will take some time, but it can be done. Contact the reporting companies and ask about working out a debt settlement. Get any promises to fix problems or mistakes in a credit history in writing.
Credit Cards that Help Fix Credit History Problems
If you’re trying to fix problems in your credit history, consider a prepaid credit card . Prepaid credit cards allow you to improve your credit report and credit score by making timely payments on the account. You may also be eligible for a low interest credit card that allows you to transfer high interest debt and get it paid off more quickly, also positively impacting your credit report.
About Author
Lisa Nichols is a freelance writer, website content strategist and marketing and PR strategy consultant. Originally from Eugene, Oregon, Lisa is currently based in Covington, Kentucky (also known as greater Cincinnati, Ohio).
Article Source:
http://www.1888articles.com/author-lisa-nichols-8788.html
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