Posted tagged ‘tips’

Free Advice At Debt CC

April 8, 2010

There are so many people facing debt issues these days with little or no hope where to turn for help. I want to share an online community with you which will provide you with free debt advice on debt consolidation, debt settlement, bill consolidation, debt consolidation loans, dealing with payday loans and collection agencies. You can even take advantage of a free debt counseling session. Debt Consolidation Care, also known as “The Internets first get-out-of-debt community” is comprised of people like you and me, who are experiencing the crunch of the recession and seeking ways to overcome and survive this recession. You can discuss your financial problems with community members who offer suggestions on how to manage and pay off debt.

DCC is a wealth of information geared toward people who are having financial difficulties. One of our goals are to educate the general public on their rights as consumers. It’s free to join and you can remain anonymous and become a part of
167,000 + growing community who are dedicated to helping people get out of debt.  If you or a loved one is experiencing debt issues I urge you to visit this site.

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Payday Loan Address’

April 8, 2010

I am currently working on a page which will have Store Front & Internet Payday Loan addresses. If anyone would like to share current telephone numbers and addresses for payday lenders please feel free to leave them in the comment box below. Thanks!
Shazzers

Recording Phone Calls, Is It Legal?

April 6, 2010

Did you know there are some states that allow you to record phone calls without the permission of the caller? That’s called a one party state. I am going to publish what states are one party states (only needs permission from one party to record the conversation legally). I will also list the two party states, this means the law requires both parties permission to record the call!  Recording the conversation between yourself and someone who is calling to collect a debt can be very useful!

States Requiring One Party Notification

Alabama
Alaska
Arizona
Arkansas
Colorado
District Of Columbia
Georgia
Hawaii
Idaho
Illinois
Indiana
Iowa
Kansas
Kentucky

Louisiana
Maine
Minnesota
Mississippi
Missouri
Nebraska
Nevada
New Jersey
New Mexico
New York
North Carolina
North Dakota
Oklahoma
Oregon
Ohio
Rhode Island
South Carolina
South Dakota
Tennessee
Texas
Utah
Vermont
Virginia
West Virginia
Wisconsin
Wyoming

States Requiring Two Party Notification

California
Connecticut
Delaware
Florida
Massachusetts
Maryland
Michigan
Montana
New Hampshire
Pennsylvania
Washington

Check out the link below for more specifics about recording calls in Washington, Indiana, New York, Connecticut and Massachusetts.
CLICK HERE to learn more about recording phone calls!

What Payday Lenders DON’T Want You To Know

March 30, 2010

Payday lenders often establish their own “in house” collections department. Once you have defaulted on a payday loan you will begin receiving calls from a representative who claims they are someone important (insert intimidating title) from “collections”, leading you to believe it’s an outside collection agency who is doing you a favor by informing you they have some type of legal papers (pending of course) if you don’t pay up NOW!

They’re always cranky and brash using terminology that sounds legal and urgent!  Usually they speak the words quickly to dissuade you from recognizing the BIG words they’re using to sound scary and legal!

The fact of the matter is,  most payday lender employees are uneducated and have absolutely no idea what they are talking about, all they know is IF they collect- a percentage of it will be on their next paycheck in the form of a bonus!

Here are a few tips on how to handle those fast talking collectors who think they are doing a service for their employer:

  1. Ask them their name (make them spell it), employee ID number and a phone number to their direct line (in case you accidentally get disconnected lol).
  2. Ask where the office is located of which they are calling (address).
  3. Ask their supervisor’s name (again, make them spell it).
  4. Ask how long they have been employed by this company.

If they have agreed to answer the questions above (I rather doubt it, but it catches them off guard and collectors are fun to play with lol), keep asking as many questions that will come to your mind, or hang up!

The point is, using this method usually bewilders an in house collector who’s soul purpose was to scare the pants off of you. On the other hand, if they volunteer the information you will then have contact information to make payment arrangements!