Separating a Good Collection Company from the Bad

By Rob Sutter


When you hear the term "collection company," it's probable that you want to turn your head away in disgust. With the amount of bad debt companies out there, you cannot be blamed, but what about the ones that are legitimately good? One can go online and hear about the constant abuse, verbal or otherwise, from these organizations that claim to only want to help people. Simply put, debt collecting is not as abusive a job as you believe it is and it's easy to pinpoint the very best.

If you're on the lookout for a legitimate collection company to assist you in collecting a debt, make note of a few of the good qualities they possess. For example, an organization such as R.R.S. has their finger on the pulse of the rules and every guideline is adhered to. If this does not happen and an organization is out of line, a debtor can take legal action, thereby threatening the business. Above all else, a collection company should know about the rules punishable by law and all parties will be treated fairly as a result.

In order to make perfect note of good companies, perhaps it's the ones that are not so good that should be kept in mind. I'd like to refer you to my uncle, who once had a bad run-in with a debt company over the phone since he did have a considerable amount of money to pay off. While I will not make any excuses for his lack of responsibility, it's harder to defend a company that would threaten him with jail time. It was fear mongering on the part of the collector and an act such as that is unacceptable.

A close friend I have once said that a debt company called her due to a credit card payment that was about half a year overdue. It was an odd occurrence since she was the kind of woman who was good about credit card payments. She paid off bills the very day that they fell into her mailbox, after all, but the collector insisted that she owed more than $5,000 because of an overblown charge. In the end, though, the only thing that was overblown was the collector's words and eventually the case was nothing more than an ugly memory.

It seemed like these were kinds of situations that nightmares were built around and Rapid Recovery, amongst other honorable companies in debt collecting, wouldn't let them happen. My friends and families had to endure quite a bit of stress because of the actions of immoral debt collectors but was said stress truly worth it? It doesn't have to happen to you and you can figure out which of these companies will lawfully assist you and those who will take the low road, giving little care in regards to the rules. It's easy to figure out as long as you're willing to put in the effort that immoral companies refuse to.




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