Home » Finance » Credit

How to Handle Collection Agency Intimidation Tactics

Aug 17, 2007
If you are dealing with bad credit, you will probably also be dealing with collection agencies sooner rather than later. These companies will use any method at their disposal to get the money that you owe their clients. They often use tactics that are rude and intimidating.

There are some collection agencies that are more reasonable in the communications with debtors and will work with them to find solutions. Others will harass them with daily telephone calls to threaten to ruin their credit for all time. In order to cope with the stress of these agencies, you must learn how to handle collection calls.

Get the full name of the person who calls just as soon as you can manage it. They MUST give you their name. Be honest about your financial situation and do your best to work out a payment schedule that will satisfy them. You have the right to ask them to stop making any threats. Be as polite as you can, but let them know that you won't accept threatening phone calls. If he or she persists, contact your creditor directly and give them the name of the collection agency and the name of the person who is harassing you. You should also report the agency to the Better Business Bureau.

You don't have to accept abusive phone calls. Write down the times of any further phone calls and note the threats that are made.

Many collection agencies feel that using intimidation gets the best results and since most of them use the telephone, they think that they can say whatever they like to recoup money owed to their client. Very few people take collection agencies to court because it is so difficult to prove the harassment. No paper trail is left behind, so be sure to write down any and all communications with the collection agency yourself.

A lot of people who owe large amounts of money are ashamed of that fact so they almost feel they deserve the abusive phone calls. This is certainly not the case. A bad credit rating does not warrant poor treatment. Report any collection agency that use scare tactics to the company that hired them. Let that company know that you won't work with an agency that uses abuse as a way to get their money.

Some collection agencies will tell you that they have the power to ruin your credit score. Not true. There are two things that can damage your credit score:

1. The first time that you miss your monthly payment; and

2. When you were reported to a collection agency.

There is nothing that the collection agency employee can do to make your credit score worse than that.

Don't accept false claims about your credit score intimidate you. You do not have to accept that sort of harrassment from collection agencies.
About the Author
Learn what you need to know about fixing your bad credit at FixingPoorCredit.com.
Rating:
Please Rate:
(Average: Not rated)
Print Email Report Share
Article Categories
    • Artists
    • Gambling
    • Humanities
    • Humor
    • Movies
    • Music
    • Photography
    • Tattoos
    • Television
    • Classic Cars
    • Motorcycles
    • Recreational Vehicles
    • SUVs
    • Trucks
    • Vans
    • Branding
    • Business Opportunities
    • Careers and Jobs
    • Corporate
    • Customer Service
    • Direct Mail
    • Entrepreneurship
    • Ethics
    • Financing
    • Franchising
    • Home-Based Business
    • Human Resources
    • Import and Export
    • Leadership
    • Management
    • Market Research
    • Marketing and Advertising
    • Negotiation
    • Network Marketing
    • Networking
    • Organizational
    • Presentation
    • Project Management
    • Public Relations
    • Small Business
    • Strategic Planning
    • Team Building
    • Telemarketing
    • Training
    • Data Recovery
    • Databases
    • Games
    • Hardware
    • Networks
    • Operating Systems
    • Programming
    • Security
    • Software
    • Spyware and Viruses
    • Ask an Expert
    • College and University
    • Home Schooling
    • K-12
    • Languages
    • Online Education
    • Psychology
    • Coffee
    • Cooking
    • Gourmet
    • Recipes
    • Wine and Spirits
    • Acne
    • Aerobics
    • Alternative Medicine
    • Beauty
    • Cancer
    • Cosmetics
    • Depression
    • Diabetes
    • Diseases and Conditions
    • Fitness Equipment
    • Fitness
    • Hair Loss
    • Heart Disease
    • Medicine
    • Men's Health
    • Muscle Building
    • Nutrition
    • Skin Care
    • Supplements and Vitamins
    • Weight Loss
    • Women's Health
    • Yoga
    • Arts and Crafts
    • Babies
    • Collecting
    • Elderly Care
    • Genealogy
    • Hobbies
    • Parenting
    • Pets
    • Pregnancy
    • Woodworking
    • Feng Shui
    • Gardening
    • Home Appliances
    • Home Security
    • Interior Design
    • Landscaping
    • Affiliate Programs
    • Article Marketing
    • Auctions
    • Audio
    • Banner Advertising
    • Blogging
    • Broadband
    • Domain Names
    • E-Books
    • E-Commerce
    • Email Marketing
    • Ezines and Newsletters
    • Forums
    • Internet Marketing
    • Link Popularity
    • Pay-Per-Click
    • Podcasting
    • RSS
    • Search Engine Marketing
    • Search Engine Optimization
    • Security
    • Social Media
    • Spam
    • Video
    • Viral Marketing
    • Web Design
    • Web Development
    • Web Hosting
    • Copyright
    • Cyber Law
    • Intellectual Property
    • National, State, Local
    • Patents
    • Regulatory Compliance
    • Trademarks
    • Buying
    • Selling
    • Baseball
    • Basketball
    • Boating
    • Cycling
    • Extreme Sports
    • Fishing
    • Football
    • Golf
    • Hockey
    • Hunting
    • Martial Arts
    • Running
    • Scuba Diving
    • Soccer
    • Swimming
    • Tennis
    • Dating
    • Divorce
    • Marriage
    • Weddings
    • Astrology
    • Buddhism
    • Christianity
    • Faith
    • Hinduism
    • Islam
    • Judaism
    • Meditation
    • Metaphysical
    • New Age
    • Cable and Satellite TV
    • Cell Phones
    • Communication
    • Gadgets and Gizmos
    • GPS
    • Satellite Radio
    • Video Conferencing
    • VoIP
    • Addictions
    • Coaching
    • Goal Setting
    • Motivational
    • Stress Management
    • Time Management
    • Clothing
    • Electronics
    • Fashion
    • Gifts
    • Jewelry
    • Causes and Organizations
    • Environment
    • History
    • Holidays
    • Men's Issues
    • Nature
    • Philosophy
    • Politics
    • Women's Issues
    • World Affairs
    • Air Travel
    • Camping
    • Cruises
    • Destinations
    • Outdoors
    • Article Writing
    • Book Reviews
    • Copywriting
    • Fiction
    • Non-Fiction
    • Poetry
    • Quotes
    • Screenplay
    • Tools and Resources