December 20, 2005
The Problem of Collection Harassment is a Nationwide Epidemic
This article focuses on the bogus threats and illegal tactics used on a daily basis by debt collectors.
The problem of collection harassment is a nationwide epidemic. There are more than 5,000 registered collection agencies in America, and while it's a highly regulated industry, enforcement actions are few and far between.
In our opinion, the definition of "unmitigated gall" is "the attitude displayed by the average debt collector." Example: One person recently told us that a collector suggested she go sell her blood to raise money to make payments! Another was informed that "we know where your kids go to school."
Leg-breaking and debtor's prison have been out of fashion for quite some time now, but you'd never know it listening to some collectors.
We recognize that many collectors try to maintain a professional demeanor, but let's face it. The only real method they have of squeezing "blood from a turnip" is intimidation.
Fortunately, consumers have the right to fight back.
Collection agencies have been fined or even put out of business because of a pattern of complaints received by regulatory officials. If you're being harassed by a collector, add your complaint to the growing pile!
The problem of collection harassment is a nationwide epidemic. There are more than 5,000 registered collection agencies in America, and while it's a highly regulated industry, enforcement actions are few and far between.
In our opinion, the definition of "unmitigated gall" is "the attitude displayed by the average debt collector." Example: One person recently told us that a collector suggested she go sell her blood to raise money to make payments! Another was informed that "we know where your kids go to school."
Leg-breaking and debtor's prison have been out of fashion for quite some time now, but you'd never know it listening to some collectors.
We recognize that many collectors try to maintain a professional demeanor, but let's face it. The only real method they have of squeezing "blood from a turnip" is intimidation.
Fortunately, consumers have the right to fight back.
Collection agencies have been fined or even put out of business because of a pattern of complaints received by regulatory officials. If you're being harassed by a collector, add your complaint to the growing pile!
# posted by Sponduliqs @ 3:41 PM 
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