Credit Report Blog
Website CertifiedPrivacy Protected
Credit Report & Credit Score; Credit Repair, Debt Management > Credit Report > Stopping Creditors from Calling by knowing your rights

Stopping Creditors from Calling by knowing your rights

By Ruth Racey
Published: Saturday, October 10th, 2009

A lot of people have experienced problems with accumulating unpaid bills despite efforts to maintain good credit. If you are one of them you need to now your rights or you’ll end up heavily pressured not only by trying to pay off debts but also by collection agents who sometimes go overboard in their attempts to collect. Incessant phones call from them reminding you of your obligations can be very irritating especially if your record has already been turned over to the reporting agency. It is certainly unethical of them to be pursuing you when you expect to receive an unfavorable credit report anytime soon.

While collection agencies are well within their rights to collect from you, there are limits to what they can do. The Fair Debt Collections Practices Act (FDCPA) states that collection agents should defer phone calls to debtors particularly successive ones within a 30 day period. When collection agents resort to this kind of tactics, you can file a complaint with the police. This is because the debtor is allowed a period for reviewing documents related to the debt, to ensure that all are properly accounted for. After the 30 period, collections agents can now do their thing but understand that there are collection practices the FDCPA categorizes as unethical and impinging on the rights of the debtor. They cannot just do what they like to collect payment.

Threatening acts are certainly clear harassment and therefore unethical. An example of a threatening act is when a collector tells you that he will destroy credit standing if you do not pay. Your record stays with the credit reporting agency for seven to ten years so threats of this kind are not only unethical but stupid as well. A collector cannot tell your friends, you boss or neighbors about your debt problems. Your debt is a matter between you and your creditors. He is only allowed to share information with you, your spouse and the creditor. Anything more than that, you can sue him for trying to ruin your credit reputation further and divulging privileged information.

FDCPA also prohibits collectors from threatening you with arrest or garnishing your salary. The proper way collection agencies should go is to go to the courts where you can depend yourself. Having your credit history destroyed is hard enough to take but having to contend with the illegal collection practices of collectors make it worse. You have right as debtor and when these rights are clearly violated you must take steps to protect yourself.

No Comments

No comments yet.

RSS feed for comments on this post.

Sorry, the comment form is closed at this time.