DO NOT Pay Debt Collectors | How to Handle Debt When It’s Gone to Collections

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Know your rights when it comes to debt collectors and collection agencies.

Debt collectors will try to prey on your emotions or lack of knowledge about how debt collection works. Don’t let them take advantage of you!!

In this video, I’m explaining why you should never pay collections (and why it probably won’t affect your credit score). You’ll learn what happens when your debt goes to collections, what rights you have when it comes to debt collectors, and how to deal with collection agencies and handle debt collectors.

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The confidence you take in your work is really inspiring and amazing, special thanks The time and efforts you had put into deleting all inquiries and collections is beyond excellence. Take my cordial thanks! You are really an efficient, organized and result-oriented man Thank you for all the extra hours and extra effort you had to put on for getting credit repair done. I appreciate every bit of your effort. Thank you *Solvency backdoors* for pulling this off so smoothly...

johnduong

I just constantly call them to waste the company’s time. I’ve now been blocked by several companies. Great fun.

Ukvideoclips

I appreciate your willingness to do the extra work. This is a responsible task, but we have no doubt that a credit fixer like you will get our done *Solvency backdoors* your hard work has proved that this job was destined for you. You have made me realize that I made the right decision by delegating it to you. Well done

ranardlafrance

If you're not trying to build your credit just ignore it and don't go in more debt eventually it'll go away.... mine did from years ago.

fnqrbasher

I was told that if the debt was SOLD, that you do not have a contract with the debt collector unless, you confirm your identity via phone or certified mail signature. You do not have a contract with that type of collections, so ignore. I have done this with the proper collections and it worked.

smd

The best way to handle a debt collector? 1) Do not answer a call from an unfamiliar number. 2) No voicemail? Then block the number. 3) Credit score? Take a break. It's what got you in trouble in the first place. Nothing personal. It's how the game is played.

truthbetold

My debt is to the company I made the purchase from. If some collection agency wants to pay it off for me, then thanks! I don't owe them a penny.

CCKaraoke

The last thing I ever feel about my debts is to feel guilty.

hereandnow

My experience. My hell hound collector said “well you shouldn’t have charged it if you didn’t plan to repay”. We paid them thousands and thousands of dollars. I told him, we have repaid anything that we bought, 100x times over, mainly interest . We were out of work. Suddenly. I told him, you know, someday you may be in our situation. A couple months later, AMX did a MASSIVE layoff. It may sound mean, but I hope he was in our shoes. .

mangot

Had a debt collector call me up and I agreed to pay $20 a month or something like that to pay off a debt. It still would have been paid off in less then a year and they tried to tell me I needed to pay it off faster to help my credit score out and told me to narrow the money to pay it off. At that point I refused to pay it.

chrisdavies

Simple. Don't respond to them. No letters, no phone calls nothing. In the unlikely situation one does sue, don't panic. Contact an attorney who will have the case thrown out of court. The lawyer's fee will certainly be less than the amount plus add-ons the collector is demanding. Hint: lawyers will take payments and your first consultation is free.

lcxb

Many many years ago, My brother received a phone call from a debt collector. He told them that He put every debtors name in a hat, and when he pulled out just one name, he stated it wasn’t your company. Hopefully your name will come up in the next drawing. Not how I would have handled it, however I guess he was tired of the constant phone calls.

luke__

I have a $2500 line of credit debt, which I could pay off but not at the rate of auto debiting $200 out of every paycheck and they won't renegotiate. Thinking of letting it go to collections and negotiating with the collectors for a lower payment. Worked with Visa, pay $17 every two weeks.

Nunya_Bidness_

Good Video. Another thing people in bad debt should not consider doing, is falling for the ads on tv and radio from companies that say if you are in bad credit card debit, you could owe far less because there are secrets the Credit Card companies don’t want you to know. It’s All BS! There are no secrets! They just take your money and tank your score anyway. Your better off listening to this girl and try to negotiate your self. Or if it’s that bad. Calm BK. suck it up for 7 years and start over.

robertpatti