A collector's job is not to help your overall situation. They are out to get your money only – whatever it takes. Credit card collectors are NOT your friends. Think I'm lying?
One day Connie in Nashville called me on the radio. She was 3 months behind on her credit card payments and being threatened by some collectors. They said they were going to take her house away if she didn't pay her debt off immediately.
Well, I'm here to tell you that these collectors are SCUM!
They lie and break federal law on a daily basis. I've worked in this business for 17 years, and I've never seen a credit card company sue someone or garnish the wages of someone who is 3 months behind on payments. If they are going to take a lien against your house or other action, they have to sue you first, win, and get a judgment against you. They don't do that to people who are 3 months behind. It's a total bluff by some idiot in a cubicle 500 miles away.
Listen to the call from Connie and read the rest of this postRidiculous Collector StoriesWhat is the Fair Debt Collection Practices Act?