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Aug 13, 2024 · A legitimate collection agency will have all the details about your overdue debt, including the type of debt, who the creditor is, how much the debt is, when you started falling behind on your payments, and what the interest rate is, among others. If the debt collector is not able to provide you with any of these details, it’s most likely a scam.
May 14, 2024 · This can be a helpful way to know more about the debt, as well as tell whether or not it’s a scam. To verify a debt collector, ask them to provide: Their name. Company name. Company street address. Telephone number. Professional license number, if your state licenses debt collectors. To help you verify this information, you can find out more ...
Mar 15, 2024 · Or call 1-888-863-8657 and verify the CRA did actually contact you. A debt collector calls you, says you owe money and demands repayment by wire transfer, rather than by cheque or online. The debt collector only allows you to make repayment through a wire transfer and doesn’t give other options.
Oct 31, 2023 · Unless you tell the collector otherwise, the FDCPA says that a collector can't call before 8:00 a.m. or after 9:00 p.m. While a legitimate debt collector might break the law, constant calls that are inconvenient are an indication of a scammer. What to Do If You Think You're Being Scammed
- The scam is straightforward. Scammers will call consumers to collect debts, posing as real collection agencies. Often, the scammers will have alrea...
- Here are some tips to help you determine whether there is a real collection agency on the phone, or a scammer. (Learn what to expect when your debt...
- The best thing you can do is not to pay anything or give away any of your personal information until you do some further research to find out if th...
- If you're convinced that the caller is in fact not a legitimate collection agency, the best thing you can do is ignore the calls. Scammers want qui...
Nov 20, 2019 · A debt collector must tell you information such as the name of the creditor, the amount owed, and that if you dispute the debt the debt collector will have to obtain verification of the debt. If the debt collector does not provide this information during the initial contact with you, they are required to send you a written notice within five days of that initial contact .
Apr 12, 2023 · 1. The collector or agency asks for sensitive information that they should already know. Scammers commonly ask you to “confirm” your name, address, SSN, or banking details. Not only is this information that legitimate debt collectors should already know — giving it up can put you at risk of identity theft.
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Sep 16, 2024 · The name of the creditor. The amount owed. The procedure to dispute the debt. If a collector withholds this information or fails to provide it immediately, this may be a sign of a scam. Even if it ...
