Nobody likes dealing with debt collectors – they have no sympathy and are notoriously difficult to deal with. They often make you feel like you want to crawl under a rock.
So what do you do? You expertly dodge their calls and avoid calling them back.
However, ignoring collectors because they make you uncomfortable won’t make them go away. You need to deal with them head-on. Follow these great tips, and you can be well on your way to expertly dealing with these pesky collectors:
- Realize debt collectors are well-trained and have one goal: to get their money as quickly as they can. To do this, they are taught to display no emotion and be merciless. The tactics they use are designed to make you want to get rid of them. In many cases, this equates to you just agreeing to pay whatever they propose to get them off your back. But remember, these are just strategies they have been well-trained for to do their job – it’s not personal. Realizing this will help you keep your composure in the situation.
- Play the same game as the debt collectors – try to stay unemotionally attached to your debts. This isn’t always easy but is necessary. The collector doesn’t care about your circumstances and may try to make you feel guilty about your debt by playing with your emotions. They may say you are irresponsible or call you names. The answer is to beat them at their own game. Use the same tactics they use and stay emotionally detached from the situation. This allows you to remain calm and rational and avoid making emotional, guilt-ridden settlements with them.
- Don’t bother asking to speak to a manager at a collection agency. This goes along with tip #1. The manager’s job is to get you to pay – not to make you, the customer, happy. The bottom line is, they get paid when you pay up. You are unlikely to get anywhere by speaking with a manager, so don’t waste your time.
- If you are negotiating payment with a debt collector, be sure to get it in writing. Never agree to anything or give them your banking details over the phone. Getting this information in writing leaves a paper trail and protects you if they don’t honor the negotiated payment. Otherwise, once you give them your banking info, you are leaving yourself wide-open to the collector taking whatever amount they want, which can potentially leave you penniless and without any proof to sue them.
- Look to settle old debts by offering to pay only a very small portion of it. Collectors will often contact you about an old debt they have bought from companies who have already written the debt off. Anything you settle with them is likely to go directly into the collection agency’s pocket. Therefore, they are usually satisfied with any amount that results in profit. Offer them a bargain-basement settlement and they will usually agree to it.
Contact Great American Credit Repair Company today at 1-800-491-6578 and let us show you how you gain the financial freedom you deserve.
About Great American Credit Repair Company
Great American Credit Repair Company is a highly recommended credit repair company and a FICO Pro Certificate holder, with credentials from the National Association of Credit Services Organizations. Great American Credit Repair Company offers the only Money Back, Triple Result Warranty in the industry because we are confident we can deliver the results you need.
How does Great American Credit Repair work to restore your credit? Approximately 79% of all credit reports contain errors and aren’t verifiable. At Great American Credit Repair Company, we know most people don’t earn the credit score they deserve and will investigate every negative aspect of your credit report every single month to make sure you get the highest credit score possible.
Great American Credit Repair Company…….because you deserve a fresh start!
Call us today at (800) 491-6578 or visit us at http://greatamericancreditrepair.com for you FREE consultation and to get more information on how you can regain your financial freedom.