Collections - how to protect yourself, understand what you are paying and more!

EEK! Did you get a collections call? Something unexpected on your credit report? We talk to people every day about collections!
Collection accounts stem from all sorts of unpaid bills, from medical and utility expenses to credit card debt. They can be managed internally or by third-party agencies, and knowing the difference is key when trying to sort things out.
When dealing with collection agencies, it's important to know your rights under the Fair Debt Collection Practices Act (FDCPA). If you ever need to dispute a debt or negotiate a settlement, make sure to get everything in writing.
By staying informed, being proactive, and seeking professional advice when you need it, you've got this. With careful navigation and a plan, you'll be well on your way clearing your credit of collections.
Thank you for listening to "Your Credit Today." If you have not yet subscribed, please do so and share this valuable information with your friends and family. For personalized assistance, feel free to email Angela at Angelas@conquercredit.com or online at angelabessard.com.
If you require a speaker to provide expert Creducation to your organization, do not hesitate to reach out. My goal is to help you master your credit, enabling you to take proactive steps towards a secure financial future.


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