How To Be A Person | How To Deal With A Debt Collector

Getting a call from a debt collector is terrifying. So we asked an actual debt collector to give us some tips. Brandon Wilson, who says he’s made over $10 million dollars collecting old debts, met Neko White in a pub to tell us firsthand how to negotiate a settlement. Then we met with Jessica Brooks, a credit expert from the New York City Department of Consumer Affairs for more details.

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[tmason]

Best way to deal with a debt collector is to ignore they ass.

[VICENews]

Getting a call from a debt collector is terrifying. So we asked an actual debt collector to give us some tips. Brandon Wilson, who says he’s made over $10 million dollars collecting old debts, met Neko White in a pub to tell us firsthand how to negotiate a settlement. Then we met with Jessica Brooks, a credit expert from the New York City Department of Consumer Affairs for more details.

Catch up on How To Be A Person Here:

[bwilson]

1. in my 20 years in this business I have found most people want to pay their bills, if they had the money they would pay.2. I did this video to help young people avoid debt traps, and help fix credit if it goes bad.we had a list of questions.some of my tips wereget everything in writingtry to settle for lessdon't ignore letters and phone calls and don't fall for all the here's how to not pay your bill advice (it doesn't help you)and how to dispute the bill if you have a true dispute.instead they cut it all out and had another consumer protector give real bad advice...that doesn't help you rebuild your credit.

[williamaston]

Personally I deal with debt collectors, by not getting into debt.

[muffinman]

What happens when China knocks on the door? Will it go away if u ignore it.

[JamesWest_III]

We buy shit we don't need to impress people we don't like...

[sharonwilson]

1. in my 20 years in this business I have found most people want to pay their bills, if they had the money they would pay.
2. I did this video to help young people avoid debt traps, and help fix credit if it goes bad. We had a list of questions.some of my tips were get everything in writing try to settle for less don't ignore letters and phone calls, don't fall for all the "here's how to not pay your bill advice" (it doesn't help you) and how to dispute the bill if you have a true dispute.
Instead they cut it all out and had another consumer protector give real bad advice...that doesn't help you rebuild your credit.
Brandon Wilson

[Erikk]

Finally something useful from vice. Better than that whiny liberal BS

[ThaRealUSC]

best way to deal with a debt collector IS TO NOT SPEND MONEY YOU DONT HAVE AND CANT PAY OFF!

[nycpeopleareidiots]

You send the debt collector a certified cease and desist letter. If they contact you again to collect the debt after this letter, you're free to sue them. It's part of the Fair Debt Collections Act.

[stpaddyvanoranjenassau]

Sure this sounds easy enough how to handle debt collectors, I know a guy that collects and I don't think he gives a shite about the legal issues .

[alexanderrowe-jones]

Genuinely the best consumer advice video I've ever seen

[noahyoung]

I wish they would make more of these the credit one is very helpful

[jonathanramirez]

thank you, you're smart, you're loyal, I respect that.

[jackjarkin]

Dude never stopped being a criminal he just changed how he steals from you 😂

[toolhog]

Is it possible to know a debt collector friend that can buy your debt for those pennies on the dollar, and have you pay only that couple percent of the actual debt?

[someonequiet]

Great video. I want to see shit like this.

[Airehcaz]

I mean, debt collectors aren't all scary and bad people, and things like student loans will not go away so sometimes it's really easier to make a plan with them that works for you and clears your debt in the end.
Maintaining a good credit score is super useful too, so I'm just saying think twice before deciding to just ignore all your debt for 7 years lol It might be the harder way

[PandaDemic]

They are partially right on the statute of Limitation in Montana. The 8 year limitation on debt is ONLY if the debt is written. Debt such as credit cards fall under verbal contract because you did not personally sign your name. Those debts actually are limited to 5 years. After that they can not sue you for the debt owed.

[holidaystyles]

So....you could borrow money buy a new car move/drive out of Arizona for 3 years come back and have no problems?