Chapter 16. Parting Credit ranking score Tips
Before you head off to enjoy your new and improved credit ranking score or to work on boosting your credit ranking score, consider two more tips that may well come in handy as your try to improve your credit ranking score:
Tip #100: Understand to deal with selection agencies
If you have a bad credit ranking score, you will have to deal with debt collectors sooner or later, and these organizations often present the most chronic and unpleasant problem for those with a bad credit ranking score. Collection organizations are basically organizations that work on behalf of organizations to try to recoup money that is owed.
If you owe your bank a transaction that has not been made in some time, your bank will eventually ask a collection organization to talk with you. In many situations, debt collectors try to get cash for their customers through telephone cellphone calls etc. Some debt collectors are quite reasonable and will try to work with you. However, some will use threatening or annoying techniques - such as verbal risks and daily telephone cellphone calls etc- to try to get you to pay. To prevent the stress that debt collectors can cause, figure out how to deal with debt collectors.
You should always get the full name of whoever you talk with at a collection organization. You should try to be honest about your ability to repay and try to work-out a transaction schedule or transaction options. If at any point you sense danger or bothered, say so. Hang up the cellphone or land-line house phone if the collection broker continues and contact the organization who is trying to extract cash from you straight.
Note that the collection organization is using violent or upsetting language and ask to resolve the issue with someone at the organization straight. Get the name of the collection organization and review them - and the broker you spoke with- to the Better Business Bureau. Refuse further phone calls from the collection organization and continue your communication with the lender straight, noting each time the collection organization contacts you with annoying or violent cellphone or home phone calls.
Unfortunately, some debt collectors think that violence results in the best results and since most debt collectors work through telephoning, they think that they can say whatever they like (including making personal and incorrect accusations) in order to try to extract cash for their customers. There is no paper trail and few people bothered by the organizations take these organizations to court.
Some borrowers feel so ashamed of their a bad credit ranking score --that they almost<