Saturday, November 22, 2014

Debt Collection Services: Can Fraud Be Avoided?

By Robert Sutter


I believe that debt collection services can be some of the most effective that one can fathom. Many would be able to attest to such an idea and I am sure that this can work especially well for a variety of cases. That being said, is there more that can be said about the idea of fraud, which seems to be more and more common these days? If you want to be able to keep this matter at a low level, perhaps you should come about more in the way of research.

I think that this is especially true when you take into account that various collections agencies have been able to prove themselves in the past. They know all too well that the amount of debt collection services on their end are some of the most extensive and that they should be covered in the long term. However, what happens if the work that is done by other companies is not of the highest quality? As you can imagine, better care is going to be needed.

WKBW.com posted an article in regard to criminal activity on the matter and how consumers have been impacted by it. The Better Business Bureau outlined a case where it seemed like many of the consumers in question were called by phone, the individuals on the other line claiming to be collectors while going about aggressive approaches. I think that anyone who is familiar with this industry can tell where this falls apart. The Fair Debt Collection Practices Act, as it stands, works to help both collectors and debtors.

I think that there are many aspects that play into the level of abuse done here and the article spoke about it as well. These individuals might have access to a tremendous amount of personal information, including the details are linked to family. In addition, because of such details, it is easy for these criminals to contact others at just about any location, home and work included. When such intrusive measures are seen, in my opinion, the supposed debtors are well within their rights to take action.

With so much focus given to debt collection services in general, it is a given that they are expected to perform well, right? I am sure that most would agree but it seems as though criminal activity, in this regard, is given focus when I feel as though there are more positive cases than negative ones. These workers are only performing their jobs, which are done well in part to the Fair Debt Collection Practices Act. Without it, who is to say whether or not level of work would stand at a high level?




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