Knowing how to combat collection agencies can save you a lot of time, money, and stress. Collection agencies are businesses that buy defaulted debts from creditors for pennies on the dollar. They then attempt to collect the full amount of the debt from you, often using aggressive and illegal tactics. If you are being harassed by a collection agency, there are several things you can do to fight back.
First, you should understand your rights under the Fair Debt Collection Practices Act (FDCPA). The FDCPA is a federal law that prohibits debt collectors from using unfair or deceptive practices to collect debts. For example, debt collectors cannot call you before 8am or after 9pm, they cannot call you at work if you have told them not to, and they cannot threaten to sue you or garnish your wages if they do not have a legal right to do so.
