Category Archives: Debt Collections

New Regulations Under Review to Better Protect You From An Aggressive Collection Company
The phone rings. You cringe. You just know it is that collection company calling… again. It won’t stop the calls, but new regulation under review will help protect you from lazy, greedy, and criminal-minded debt collectors. “One of the biggest problems with debt collections today,” says NCES credit expert, George Cole, “is that the collection companies do a very poor job researching the debt bundles they buy....
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10 Things to Do When A Debt Collector Calls
Let's face it... dealing with debt collection calls is frustrating, annoying and downright scary. When a debt collector calls, you better know what to do - and what NOT to do - or you can find yourself in serious financial and legal trouble. Here's our top 10 tips for what to do when a debt collector calls:

1. Stay Calm

Take a deep breath and focus. Debt collectors...
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