ya...ok?

[Flipx99 5,000+ posts]

I didn't read, but did you actually agree to anything?

 

[Lingerfelt 10+ year member]

Dood, that's like me sending a mafia buddy to collect money that you owe me. You wouldn't be upset about someone roughing you up over a debt that isn't even owed to him? The collection agency doesn't legally own his debt, you know how you can tell?
* After making contact, debt collectors are required to send written notice informing the debtor of the amount of the debt, the name of the creditor, and the fact that the debt will be considered valid unless disputed within 30 days.

You see that part in bold? Yeah that's right, it's not valid until it isn't disputed, ie, they're using common law defaults to create a debt that isn't theirs. But that's besides the point. The point is, you do research before you start handing money to people claiming to be debt collectors. Especially ones that treat you like dog shit.

The recording of the phone conversation is only there to make sure the collection agency abides by the rules and protects both parties.

Anyways, she has no right to treat him like that until the debt is legally hers, which it isn't, because he hasn't received written notice after contact, which is required by law. On top of that, he has the right to request proof via the original contract he signed and the ledgers on the account.

The debt collector is probably making a 600% profit off this whole deal anyways, I don't see why you think it is immoral to exercise your rights against a company that does it's business by scaring and harassing people who are short on funds.

See this part in bold? I never claimed they legally owned it. I addressed this already.

She has no right to treat him like that until the debt is legally hers...

So is it illegal for a debt collector to be rude, or is it not?

What relevance does the profit have in this situation? You know the rules to the game before you sign. Now, the people "short on funds" and in debt because of THEIR OWN DECISIONS are going to ***** and moan because someone is making money off of their mistakes?

 

[Flipx99 5,000+ posts]

 

 

She has no right to treat him like that until the debt is legally hers...

 

So is it illegal for a debt collector to be rude, or is it not?

 

 

 

What relevance does the profit have in this situation? You know the rules to the game before you sign. Now, the people "short on funds" and in debt because of THEIR OWN DECISIONS are going to ***** and moan because someone is making money off of their mistakes?

 

Depends....it's a state to state issue on what debt collectors can and cannot do.

 

[Lingerfelt 10+ year member]

I actually agree with Cheese here...
a) I would have told got equally as rude with her. If you have nothing, they can't take anything

b) Make them find the paperwork. People are also using this as a way to get out of mortgages. Say your loan has been syndicated 5 times, rolled into a MBS, etc...no one knows where the actual loan you signed is. They have to be able to find it. If you are in deliquency, it is a good way to buy some time.

I'm not really disagreeing with him. I would've been rude as well, and make them find the paperwork.

But I would not be in that situation, for obvious reasons.

I'm just shocked that someone in debt is going complain about being treated rudely, as if not paying someone the money you owe them isn't rude...

 

[craigzter 10+ year member]

she asked if I could make the monthly payments to pay it off, and I said idk...

 

[Lingerfelt 10+ year member]

Depends....it's a state to state issue on what debt collectors can and cannot do.

I understand harassment, and threats, but is rudeness truly taken into account?

 

[Flipx99 5,000+ posts]

I guess this should be explained more clearly, as many people forget this.

When a bank loans money, there is a reason why we pay interest beyond opportunity and federal funds rate. It is called risk. The interest pays the bank for assuming this risk. If you are a more risky borrower, you pay a higher interest rate.

If you don't pay...the bank loses money. When they take a risk, sometime they chose poorly.

For some reasons, many people think that it should be their first priority to paying off this debt or that owing money is somehow meaningful or something. It amazes me. You think Donald Trump worries about paying off loans? Not really as he has declared bankruptcy numerous times from RISKY ventures that didn't pan out.

You don't have to pay. I'd consider it the banks loss for assuming the risk.

 

[craigzter 10+ year member]

I'm not really disagreeing with him. I would've been rude as well, and make them find the paperwork.
But I would not be in that situation, for obvious reasons.

I'm just shocked that someone in debt is going complain about being treated rudely, as if not paying someone the money you owe them isn't rude...

Well...if it had only been a couple months ago, ya ok I would have not even let it bother me one bit. but 2 years later, they want to call out of the blue?

 

[Flipx99 5,000+ posts]

I'm just shocked that someone in debt is going complain about being treated rudely, as if not paying someone the money you owe them isn't rude...

It's not rude. It is a business decision. If people can't handle modern finance, perhaps they should pick less confrontational businesses like carrot picking.

 

[Lingerfelt 10+ year member]

Well that and not everyone has a job to where they got extra money to spend, I made $400 every two weeks, that was for truck payment, insurance and gas back and forth to my last job.
I had gotten the credit card when I was working for my amp helping install control panels and conveyor belts for some good *** money, then that went all to hell and was stuck with no money to pay bills, like what has happened to me again! Can't help it when you get laid off from your job

When being layed off is a possibility (which it almost always is)... You don't spend more than you can afford to pay... Which applies to every day life... Irrelevant of your job situation...

 

[Flipx99 5,000+ posts]

Well...if it had only been a couple months ago, ya ok I would have not even let it bother me one bit. but 2 years later, they want to call out of the blue?

I never did hear if you agreed to anything or not.

 

[Flipx99 5,000+ posts]

When being layed off is a possibility (which it almost always is)... You don't spend more than you can afford to pay... Which applies to every day life... Irrelevant of your job situation...

I do. Hell, I hope to remain in debt forever and ever. I have no issue with it.

 

[craigzter 10+ year member]

I never did hear if you agreed to anything or not.

No. And if they wanted to say I did, its my word against hers.

 

[Flipx99 5,000+ posts]

No. And if they wanted to say I did, its my word against hers.

I wouldn't pay it off....Tell them to charge it off and quit wasting your time.

 

[Lingerfelt 10+ year member]

I do. Hell, I hope to remain in debt forever and ever. I have no issue with it.

But there's a difference between the debt you're speaking of, and a $170 credit card bill.