http://moneyhealthcentral.com/3-weapons-of-a-debt-collector/ Personal Finance - Consumer Protection Wed, 09 May 2012 03:00:59 +0000 hourly 1 http://wordpress.org/?v=3.2.1 http://moneyhealthcentral.com/3-weapons-of-a-debt-collector/#comment-16688 Fear of Debt Collectors Is Misplaced Sat, 20 Aug 2011 19:16:16 +0000 http://moneyhealthcentral.com/?p=301#comment-16688 [...] The weapons of a debt collector are mostly psychological:  all a phone call can do is attempt to move you to write a check.  If you don’t, the collector has to either continue psychological warfare, give up, or sue.  As the article pointed out, lawsuits on consumer debt are relatively rare. [...] [...] The weapons of a debt collector are mostly psychological:  all a phone call can do is attempt to move you to write a check.  If you don’t, the collector has to either continue psychological warfare, give up, or sue.  As the article pointed out, lawsuits on consumer debt are relatively rare. [...]

]]> http://moneyhealthcentral.com/3-weapons-of-a-debt-collector/#comment-14714 2 Reasons Why Consumers Pay The Wrong Creditors Sat, 02 Jul 2011 20:57:26 +0000 http://moneyhealthcentral.com/?p=301#comment-14714 [...] Credit card companies can’t take your money without suing you first, so they have to use fear and shame to get you to distort priorities and pay them first. [...] [...] Credit card companies can’t take your money without suing you first, so they have to use fear and shame to get you to distort priorities and pay them first. [...]

]]> http://moneyhealthcentral.com/3-weapons-of-a-debt-collector/#comment-14692 Life After Debt: Make Sure You Live To See The Day Fri, 01 Jul 2011 13:57:25 +0000 http://moneyhealthcentral.com/?p=301#comment-14692 [...] Understand how a lawsuit works, so you know the truth behind the debt collector’s threats [...] [...] Understand how a lawsuit works, so you know the truth behind the debt collector’s threats [...]

]]> http://moneyhealthcentral.com/3-weapons-of-a-debt-collector/#comment-14455 The Truth About Being Taken to Court Sat, 02 Apr 2011 15:12:31 +0000 http://moneyhealthcentral.com/?p=301#comment-14455 [...] Collectors use the threat of suit for the very reason that they know the resulting fear causes the hearer to do impulsive things, like pay. [...] [...] Collectors use the threat of suit for the very reason that they know the resulting fear causes the hearer to do impulsive things, like pay. [...]

]]> http://moneyhealthcentral.com/3-weapons-of-a-debt-collector/#comment-642 Say Goodbye To Debt Collector Calls | Money Health Central Tue, 14 Dec 2010 14:06:58 +0000 http://moneyhealthcentral.com/?p=301#comment-642 [...] not prevent the creditor from suing you, but it does operate as a sort of put-up-or-shut-up moment. Most collectors don’t really intend to sue; they just want to threaten you with suit.  It’s far cheaper for them to hassle you into [...] [...] not prevent the creditor from suing you, but it does operate as a sort of put-up-or-shut-up moment. Most collectors don’t really intend to sue; they just want to threaten you with suit.  It’s far cheaper for them to hassle you into [...]

]]> http://moneyhealthcentral.com/3-weapons-of-a-debt-collector/#comment-86 Two creditors who can take your money without suing you first | Money Health Central Tue, 31 Aug 2010 14:03:01 +0000 http://moneyhealthcentral.com/?p=301#comment-86 [...] noisiest creditors, those collectors who call incessantly, are vocal because they have few weapons to make you pay any time soon.  The big dogs, so to speak, don’t call because they have access to your bank [...] [...] noisiest creditors, those collectors who call incessantly, are vocal because they have few weapons to make you pay any time soon.  The big dogs, so to speak, don’t call because they have access to your bank [...]

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