Some collection agencies feel that intimidation yields the best results and since most collection agencies work through telephoning, they feel that they can say whatever they like (including making personal and false accusations) in order to try to recoup money for their clients. There is no paper trail and few people harassed by the agencies take these companies to court.
Some debtors feel so ashamed of their low rating that they almost feel that they deserve the abuse. Both views are completely wrong. A low rating does not make you deserving of abuse.
Report collection agencies that offer harassment as a technique and make it clear to lenders that you will not work with a company that uses abuse as a technique of recouping money.
Some collection agencies will try to use your score against you, telling you that they can ruin your score at a glance or file a claim on your score. Don’t fall for this. Your score is instantly affected when you fail to make a payment or are reported to a collection agency, but there is nothing that the collection agency employee can do to make your score worse beyond those two things. You will still be eligible for credit in many cases. Do not let false claims about your score intimidate you into accepting the abuse of a collection agency.
If you need a professional to explain this to you, please go to our website at www.jennfinancialsolutions.com and click on “Free Credit Consultation” to get a FREE strategy session with us today!