ArtsAutosBooksBusinessEducationEntertainmentFamilyFashionFoodGamesGenderHealthHolidaysHomeHubPagesPersonal FinancePetsPoliticsReligionSportsTechnologyTravel

Dealing With Debt Collectors 2

Updated on October 14, 2015

Credit Card Debt Collectors

When it comes down to dealing with your debt or dealing with a debt collector it can be very stressful and for some people it can be a very scary situation. If you were able to watch the Maxed Out video in part 1 of dealing with debt collectors, you will see that they can be very nasty when calling you to collect a debt.

They will threaten you, manipulate, verbally abuse, and outright lie to get what they want. Some of them are telephone tough guys and like to get under your skin. They know that if you were face to face they would never speak to someone like that but because they are behind a phone they can get away with it.

Some of the biggest things to watch out for will be when they ask you to make a good faith payment, which can be anywhere from as little as $5.00 to even $10.00 just to prove to them you are serious about taking care of your debt. Most of the time people pay that small amount just to get the collections company off their back for awhile and have know idea what was being done. This is a Big Mistake and I will tell you why.

This is a way to trap you because as soon as you make that payment they can start the statute of limitations over, even if your debt is 6 years old, it can now be reissued on your credit report for an additional 7 years. They have also been known to claim you made a payment just in order to do this, even though you have never spoke with them or sent them any money.

They have gone as far as threatening people with things such as saying they will call your work and tell your boss and co-workers what’s going on. They have even threatened to get you fired by calling everyday if you don't pay.

They tell people that they are going to be arrested if they don't make some kind of payment arrangement with them today.Another tactic is to send you letters making you think that they are going to sue you. Now I am not telling you that they are not going to but most of the time it is used to intimidate you into contacting them.

Some of the letters look like they are from a lawyer’s office and tell you things like you have to contact them in thirty days from the day you received the letter or they will take you to court. They can be really tricky with these letters, so your best bet is to have a professional debt settlement company or someone who knows about credit card debt collectors take a look at them for you.

You really don’t want to dismiss them and throw them away until you know exactly what the letters mean. If you are in no position to pay the full amount of the debt then you may want to look into a debt negotiations program. A good debt negotiations company can save you anywhere from 50% to 80% of the original balance.

In this next part of dealing with debt collectors 3, I will explain the benefits of using a reputable debt negotiations company to get you a debt reduction through their debt settlement program.


    0 of 8192 characters used
    Post Comment

    • bgamall profile image

      Gary Anderson 

      9 years ago from Las Vegas, Nevada

      Good advice, but I am protesting the entire financial system who offered the liar loans through the Basel 2 accords that allowed off balance sheet banking. So I believe people should just walk away from bad loans if they can.

      Banks are legal loan sharks. They are borrowing money at 1/2 percent but are charing 15-30 percent interest. This is loan sharking and people have no moral necessity to continue paying a loan shark.

    • sophieqd profile image


      9 years ago

      This is really good information.

    • profile image

      James Otto 

      9 years ago

      Great Info This was very helpful!!

    • profile image


      9 years ago

      Hey Joe, Just like all your other Hubs you offer a great deal of information to people. I was reading a comment you made to a lady on another one of your hubs who was asking you if you knew about a company she was dealing with and you gave her really good advice. What I really liked is that you did not try to talk crap about that company and you did not try to give her the I am the best and everyone else is worthless line like a lot of companies do. I am looking foward to the 3rd part of your Hub. Thanks again Joe


    This website uses cookies

    As a user in the EEA, your approval is needed on a few things. To provide a better website experience, uses cookies (and other similar technologies) and may collect, process, and share personal data. Please choose which areas of our service you consent to our doing so.

    For more information on managing or withdrawing consents and how we handle data, visit our Privacy Policy at:

    Show Details
    HubPages Device IDThis is used to identify particular browsers or devices when the access the service, and is used for security reasons.
    LoginThis is necessary to sign in to the HubPages Service.
    Google RecaptchaThis is used to prevent bots and spam. (Privacy Policy)
    AkismetThis is used to detect comment spam. (Privacy Policy)
    HubPages Google AnalyticsThis is used to provide data on traffic to our website, all personally identifyable data is anonymized. (Privacy Policy)
    HubPages Traffic PixelThis is used to collect data on traffic to articles and other pages on our site. Unless you are signed in to a HubPages account, all personally identifiable information is anonymized.
    Amazon Web ServicesThis is a cloud services platform that we used to host our service. (Privacy Policy)
    CloudflareThis is a cloud CDN service that we use to efficiently deliver files required for our service to operate such as javascript, cascading style sheets, images, and videos. (Privacy Policy)
    Google Hosted LibrariesJavascript software libraries such as jQuery are loaded at endpoints on the or domains, for performance and efficiency reasons. (Privacy Policy)
    Google Custom SearchThis is feature allows you to search the site. (Privacy Policy)
    Google MapsSome articles have Google Maps embedded in them. (Privacy Policy)
    Google ChartsThis is used to display charts and graphs on articles and the author center. (Privacy Policy)
    Google AdSense Host APIThis service allows you to sign up for or associate a Google AdSense account with HubPages, so that you can earn money from ads on your articles. No data is shared unless you engage with this feature. (Privacy Policy)
    Google YouTubeSome articles have YouTube videos embedded in them. (Privacy Policy)
    VimeoSome articles have Vimeo videos embedded in them. (Privacy Policy)
    PaypalThis is used for a registered author who enrolls in the HubPages Earnings program and requests to be paid via PayPal. No data is shared with Paypal unless you engage with this feature. (Privacy Policy)
    Facebook LoginYou can use this to streamline signing up for, or signing in to your Hubpages account. No data is shared with Facebook unless you engage with this feature. (Privacy Policy)
    MavenThis supports the Maven widget and search functionality. (Privacy Policy)
    Google AdSenseThis is an ad network. (Privacy Policy)
    Google DoubleClickGoogle provides ad serving technology and runs an ad network. (Privacy Policy)
    Index ExchangeThis is an ad network. (Privacy Policy)
    SovrnThis is an ad network. (Privacy Policy)
    Facebook AdsThis is an ad network. (Privacy Policy)
    Amazon Unified Ad MarketplaceThis is an ad network. (Privacy Policy)
    AppNexusThis is an ad network. (Privacy Policy)
    OpenxThis is an ad network. (Privacy Policy)
    Rubicon ProjectThis is an ad network. (Privacy Policy)
    TripleLiftThis is an ad network. (Privacy Policy)
    Say MediaWe partner with Say Media to deliver ad campaigns on our sites. (Privacy Policy)
    Remarketing PixelsWe may use remarketing pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to advertise the HubPages Service to people that have visited our sites.
    Conversion Tracking PixelsWe may use conversion tracking pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to identify when an advertisement has successfully resulted in the desired action, such as signing up for the HubPages Service or publishing an article on the HubPages Service.
    Author Google AnalyticsThis is used to provide traffic data and reports to the authors of articles on the HubPages Service. (Privacy Policy)
    ComscoreComScore is a media measurement and analytics company providing marketing data and analytics to enterprises, media and advertising agencies, and publishers. Non-consent will result in ComScore only processing obfuscated personal data. (Privacy Policy)
    Amazon Tracking PixelSome articles display amazon products as part of the Amazon Affiliate program, this pixel provides traffic statistics for those products (Privacy Policy)