Thursday, September 19, 2013

MedicalConspiracies- bbb-advising-consumers-on-legit-debt-collectors-vs-scammers/

I have a more "FUN" way that I use, depending upon if they call or email.
My PCA (Personal Care Assistant) witnessed my telephonic "style" the
other day.  I think she's still laughing her A** off;-)))))  bruce

The Better Business Bureau (BBB) office serving Chicago and Northern Illinois yesterday issued an alert on a growing number of scam debt collection complaints it has received over the past year. But the group advised consumers to learn how to tell a real debt collection effort from one that is clearly a scam.

The BBB said that complaints about scam debt collectors grew 18 percent over the past 12 months. The complaints typically involve consumers claiming that someone is contacting them over a loan they never took out.

Instead of lumping the scam collection complaints together with complaints about legitimate collectors, the BBB urged consumers to learn how to identify a scammer vs. a real ARM company. Some red flags they noted were:

  • Calls seeking payment on a debt for a loan you don't recognize.
  • Refusal by the caller to give you their own contact information.
  • Persistent request for personal financial or sensitive information.
  • High pressure tactics designed to scare you, by saying that you could get into legal trouble by not paying immediately.

"If people call pretending to be debt collectors, consumers can be at high risk of identity theft," said Steve J. Bernas, president & CEO of the Better Business Bureau serving Chicago and Northern Illinois. "Consumers have to be cautious with these callers and must never give out personal information with people they do not know."

Scam collection activity appears to be on the rise.  One high-profile recent case involved calls from India demanding payment for payday loans consumers never took out.

The BBB offered the following tips when dealing with a fake debt collector:

  • Ask the caller for contact information. Ask for their name, name of company, street address and telephone number. Tell the caller that you refuse to discuss debt until you receive a written "validation notice," which is a written notice of the amount of debt and your rights under the Fair Debt Collection Practices Act.
  •  Stop speaking with the caller. If you have the caller's address, send a letter demanding him or her to stop contacting you. According to the Fair Debt Collection Practices Act, if debt collectors receive this letter in writing, they must stop calling you.
  • Don't give personal information. If you don't know exactly who you're dealing with, never confirm sensitive information such as your bank account, credit card or Social Security numbers. Scammers use this information to commit identity theft.
  • Contact your creditor. If you actually are in debt but you think the debt collector calling isn't legitimate, contact your creditor, using contact information from your personal online account. Your creditor is able to find out who the suspicious caller is and if they are authorized to collect a debt from you.
  • Report the call. Don't hesitate to call the Better Business Bureau,  FTC, or your state Attorney General's office. Illinois has its own debt collection laws, and these offices are able to help you determine your rights under your state's laws.

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