Debt Collecting Agents
Equidebt Debt Collecting Agents and
the Truth About Your Debt
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Debt purchasing companies (DCAs) earn money by buying delinquent accounts
from other companies at a fraction of their total value (around 10%
or even less of the total account) then try to bully you into paying
them the full amount. In dealing with Equidebt debt collecting agents
do bear in mind that this is how they make their money. They will then
use all sorts of tricks to get money out of you. This includes frightening
folk to the point that they are scared all the time, their relationships
suffer and their lives may even be ruined completely. And all because
some greedy company got hold of information about a debt and wanted
to make money from it whatever the consequences.
You must make sure you know whether or not the debt collection company
has bought the debt themselves as a means of turning a profit (as a
debt purchaser) or whether they are carrying out work on behalf of another
company such as a loan company. If they send you a letter of assignment,
as legally required when the account has been sold, then you know the
collections agency or DCA is the actual owner of the account and will
try to get as much out of you as he possibly can. When dealing with
Equidebt debt collecting agents bear in mind almost every penny the
debt collecting company gets is profit because they bought the account
for a song. So they will try to break you any way they can.
So ask Equidebt Debt Collecting Agents
for a copy of the original contract when you took out your loan or credit
Data On Equidebt Debt Collecting Agents
you have any information that you would like honest people to know
about Equidebt Debt Collecting Agents then send us an email in complete confidence and
we will try to corroborate it with the clowns involved.
Equidebt Debt Collecting Agents website is part of DPC Registry website
group. All rights reserved.