Know your rights when it comes to debt collectors and collection agencies.
Debt collectors will try to prey on your emotions or lack of knowledge about how debt collection works. Don’t let them take advantage of you!!
In this video, I’m explaining why you should never pay collections (and why it probably won’t affect your credit score). You’ll learn what happens when your debt goes to collections, what rights you have when it comes to debt collectors, and how to deal with collection agencies and handle debt collectors.
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???? Sample dispute letter: https://www.consumerfinance.gov/consumer-tools/debt-collection/
RELATED VIDEOS:
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How to Set a Budget: https://youtu.be/7pROCR24cVg
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i had car used car sales people sell me a lemon car and now im not paying for a shitty car they scammed me with getting its way overvalued.
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Tell them you're sending them a check. Send them a letter with a checkmark and state that you have rode your exercise bike for 20 minutes and rubbed your sweaty nut-sack all over the letter. Be sure to enclose multitudes of pubic hair. Loads of fun! ???? ????
I'm being sued by a debt collector.
These folks are literally telling debtors not to pay their bills. How is this even legal?
If it’s a small bill like 100 or more, do I ignore it or try to slowly pay it off
What if they clamp your vehicle to try and force you to pay even though i know they shouldnt unless there's been a CCJ
I"m retired now so this is easy. Don't answer your phone if you don't recognize the number. Let your voice mail fill up and leave it that way. Don't respond to any letters you get in the mail unless it's certified mail. Don't answer any text messages. In some states it's 5 years, others 7 years and the debt is gone. If you make one payment or talk to the collector on the phone, that clock starts over again. If you are young and still working and want to buy cars and homes, be careful. If you are 65 like me, laugh debt off. Don't lose sleep over it. The debt I am talking about is medical debt. Now if you came across the Mexican border illigally, no matter what age you are, your medical, housing and food will be free. Hmmm?
Thank you for this information. I pray you reply to my question. I just got letter from collection agency not IRS it is regarding NJ STATE TAXES. about $,4000 . I am senior citizen 65 unemployed. JUST LOST JOB A MONTH AGO. UNEMPLOYMENT IS BARELY ENOUGH TO PAY MY BILLS. This letter is scaring me, I am afraid of bank levy and garnishment. I am only getting $422 weekly for unemployment. Should I respond to this letter? Can collection agency levy my bank account? Can they garnish my unemployment check? I so much hope you reply, thank you. This uncertainty is making me very scared. I don't want to loose my apartment, if this happens I wont be able to pay my rent.
yeah stick it to the debt collectors, they're the scum of the earth.
My brother successfully sued a debt collection agency twice at 2 different times for 10G …..????????????????????. After the 2ond time they didn’t try to contact him anymore ????????????. The first time they didn’t learn their lesson….They wanted 30 G and ended up up paying him 20G ????????????????????. The debt was almost 30 years old….He eventually went to court and the debt was written off. ????????
Thanks debt collectors For your generosity.????????????
I don't see the sample letter.