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1. loanscanada.ca › debt › how-to-tell-if-your-debtHow To Tell If Your Debt Collector Is A Fraud - Loans Canada

   loanscanada.ca › debt › how-to-tell-if-your-debt

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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.

2. www.nolo.com › legal-encyclopedia › debt-collectorDebt Collector Scams: How To Tell If a Debt Collector Is ...

   www.nolo.com › legal-encyclopedia › debt-collector

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   Oct 31, 2023 · How the Fake Debt Collection Scam Works. The scam is straightforward. Scammers call consumers to collect debts, posing as real collection agencies. Example. A scammer informs you that she is collecting an American Express debt. You might owe money to American Express, so you believe the caller works for them.

   • 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...

3. www.consumerfinance.gov › ask-cfpb › how-do-i-tellHow do I tell if a debt collector is legitimate or a scam?

   www.consumerfinance.gov › ask-cfpb › how-do-i-tell

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   May 14, 2024 · A legitimate debt collector can tell you their company name and mailing address, as well as information about the debt they say you owe. The debt collector should provide information about themselves and their collection agency. This can be a helpful way to know more about the debt, as well as tell whether or not it’s a scam.

4. www.finder.com › debt-collector-scams5 common debt collector scams - finder.com

   www.finder.com › debt-collector-scams

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   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.

5. www.bankrate.com › personal-finance › debtHow To Know If A Debt Collector Is A Scam | Bankrate

   www.bankrate.com › personal-finance › debt

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   • They pressure you. A credit collection scam might use scare tactics and threats to create a sense of urgency in hopes that you’ll act quickly. The scammer might also pull the emotional card, making you feel like a bad or irresponsible person.
   • They won’t give you their contact information. Real debt collectors are from reputable companies with websites and reviews, and you can contact them if necessary.
   • The debt isn’t yours. If the supposed debt collector is trying to strong-arm you into paying a debt you don’t recognize, you might have a scammer on your hands.
   • You didn’t receive a letter in the mail. If a debt has gone to a debt collector, you should receive formal, written notification in the mail. If you’re contacted by someone who you suspect is a scammer, ask them for verification of the debt.

6. Videos

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     Debt collection scams and what to do if targeted

     Sep 27, 2022

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     How to spot a debt collection scam — consumerfinance.gov

     Nov 20, 2019

     15K Views

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     consumerfinance.gov

     How do I tell if a debt collector is legitimate or a scam? | Consumer Financial Protection Bureau

     Aug 7, 2023

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7. mnpdebt.ca › en › resourcesDupers, Scammers and Fraudsters: How to Tell the Difference ...

   mnpdebt.ca › en › resources

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   Your creditor (i.e. the company you owe money to) may be trying to recover their money by having their internal collection department, a third-party collection agency or their lawyer contact you. A creditor will usually notify you in writing before handing your account over to a collection agency — including the name of the collection agency, the person or organization you owe money to and ...

8. www.bbb.org › 13249-bbb-tip-phony-debt-collectionBBB Tip: How to recognize phony debt collection calls and texts

   www.bbb.org › 13249-bbb-tip-phony-debt-collection

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   Oct 3, 2024 · Tips to spot this scam: Ask the debt collector to provide an official "validation notice" of the debt. In the U.S. and most of Canada, debt collectors are required by law to provide this ...

9. People also ask

   How do I know if a debt collector is a scam?

   • The debt collector should provide information about themselves and their collection agency. 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:

   How do I tell if a debt collector is legitimate or a scam?

   www.consumerfinance.gov/ask-cfpb/how-do-i-tell-if-a-debt-collector-is-legitimate-or-a-scam-en-1699/

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   What can a debt collector say if you owe money?

   • Learn more about what debt collectors can legally say or do If you have an issue with debt collection, you can submit a complaint to the CFPB. A legitimate debt collector can tell you their company name and mailing address, as well as information about the debt they say you owe.

   How do I tell if a debt collector is legitimate or a scam?

   www.consumerfinance.gov/ask-cfpb/how-do-i-tell-if-a-debt-collector-is-legitimate-or-a-scam-en-1699/

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   Do you owe money if you don't recognize a debt?

   • You may still owe a debt and simply not recognize it. However, scammers may make up debts, claiming you owe money when you don’t. Legitimate collectors are obligated to provide detailed information about the debt upon request. If the presumed debt collector refuses to give you information to verify it, be suspicious.

   How To Know If A Debt Collector Is A Scam | Bankrate

   www.bankrate.com/personal-finance/debt/how-to-know-if-a-debt-collector-is-a-scam/

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   Is a debt collection agency a scam?

   • 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.

   How To Tell If Your Debt Collector Is A Fraud | Loans Canada

   loanscanada.ca/debt/how-to-tell-if-your-debt-collector-is-a-fraud/

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   What should I do if a creditor owes me money?

   • Confirm you owe the money. Before making any payments, request information about the debt or a written notice that verifies what you owe and to whom. Contact the original creditor. If you’re still suspicious, contact the creditor the debt collector claims to represent. They should be able to confirm that they assigned your debt to collection.

   How To Know If A Debt Collector Is A Scam | Bankrate

   www.bankrate.com/personal-finance/debt/how-to-know-if-a-debt-collector-is-a-scam/

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   Are calls from a debt collector a scam?

   • While some calls may be from a real debt collector, others may be a debt collection scam. So if you ever receive calls from a debt collector, whether you know you have debt or not, do yourself a favour and investigate before you pay. If you’re overdue on your debt, your creditor may reach out to you and try to collect your missed payments.

   How To Tell If Your Debt Collector Is A Fraud | Loans Canada

   loanscanada.ca/debt/how-to-tell-if-your-debt-collector-is-a-fraud/

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