dealing with credit card companies and debt collectors ALWAYS get everything in writing. longer papertrail the better.

? why didn't Dave inform her that; if she records or documents the Collector threatening to "come get her", she can easily get a summary judgment in court against them for around $1,500 because, it's forbidden, by law, for Collectors to use such tactics and the Fines for such Forbidden Tactics is already laid out for such behavior. Incessant phone calls are on the lower end of the Fine Schedule at around $500 but, you MUST record each instance of these violations in order to spank them in court.

@ampmri2434

5 жыл бұрын

Exactly, she should do more research on her own.

@john1425

3 жыл бұрын

Because she's lying.

@mussersbowsboatsandscience6610

Жыл бұрын

My thoughts exactly! Lawyer up and you can even get free representation.....

I had a debt collector once try and threaten me. It was a small amount of money from an old medical bill, barely $100. I didn't have the money to pay that at the time. She then threatened in a very vague way, along the lines of, "We will have to take further action against you..." I calmly replied, "How? What action are you going to take?" She was absolutely rattled and I haven't heard from them since, haha.

@Armouredb

6 жыл бұрын

Dilandau Albatou they can sue u. Put liens on property or account

@vickieclark5931

6 жыл бұрын

It would cost the collection agency a lot more to sue her than what they would get out of it.

@Noone-dc9si

4 жыл бұрын

This happened to me also

@mannyrodriguez3933

4 жыл бұрын

@@Armouredb really lady? A lien on your property for a measly $100? No they can't do that number one, they have to have a judgement for ANY action they use against you. That's money out of their pocket just to sue you. Then they have to go through the courts, and the JUDGE will give out the judgement, but that's only if they have a case to make. A lot of time and money over $100. Not gonna happen.

@Preservestlandry

4 жыл бұрын

It's legal to "threaten" to do something you have the right to do, like sue you. Even if you think that would be a stupid business decision. That doesn't matter.

Financial health is so deeply entangled with emotional wellbeing. Every caller sounds so distressed, coated with several justifications for the reason why they are in the situation they are in.

I like that you are here to help teach people how to deal with these legal scammers who target the most desperate with no consideration of their situation. I myself have not and will not fall for the cash now pay later "trick no treat". I still love learning what to do if your backed into a corner and can't quick block emotional attacks as quickly as others. Props!

You can sue them if they violate the FDCPA.

Need some advice for bill collectors? Pay your bills, stop living above your means. Take some responsibility for your decisions.

@john1425

4 жыл бұрын

Shes saying she didn't go in the store, it was just online, blah blah. This lady has no accountability.

@OCDTraci

2 жыл бұрын

I'm glad your life is such that you've never had to ask for help. Too bad we can't all be you.

@john1425

2 жыл бұрын

@@OCDTraci everybody has to ask for help. The ones that blame others for their poor decisions repeat them.

The bill collector should be sued for FDCPA violation.

Also, use the pay for deletion tactic. Only pay if you get written statements saying they'll remove the debt from your credit after the payment has been made.

@michaell8957

6 жыл бұрын

Tyler Interlandi facts

Wow!!! thanks for this info!!!!!!!

I love the "Every Dollar" app! Thanks Dave!

@michaell8957

6 жыл бұрын

Jamie Edwards it's free?

@phaldaz

5 жыл бұрын

@@michaell8957 yup

I've never understood this anger against bill collectors. "can i get a loan? I'll pay you back...... Ok, thanks but i don't feel like paying now and I'm the victim"

@sharlylpn

6 жыл бұрын

Most people are not trying to get out of paying because they are just jerks who won't pay their bills. People fall on rough times and then they are not able to pay. Settling is a way they can at least pay something, when otherwise if they waited to pay off the full amount they might never be able to pay the company at all. At least with settling they are paying something. If they filed a bankruptcy the companies would potentially get nothing at all. I have always paid my bills on time, but I recently have fallen behind due to a very rough year . It is very stressful not being able to pay bills due to financial hardship[

@TheCentralflorida

6 жыл бұрын

sharlylpn ok. What is your argument here? You said "most" thus leaving some which means my comment is still accurate. However, whether or not someone falls on hard times doesn't have to be someone else's concern. It can be, that's what makes someone decent but it should not be expected. I just think people suddenly forget their obligation later. Everyone losing their job while someone has a major illness is not what I'm referencing though.

@ralphfurley404

4 жыл бұрын

Just like politicians change the rules to suit them comes around goes around to touchee

I had $45k of credit card debt. I chose to use a debt settlement service. I ended up paying $4000 for the service. It worked out for me, so I don't feel bad about the fee. I didn't have to deal with the collection guys which was nice. Thank god I don't have that debt lifestyle anymore. Having my credit destroyed was the best lesson I ever got.

@rexxthunder

9 жыл бұрын

***** It was out of pocket. In payments I think. If I was to do it again, I would have done it myself.

@john1425

5 жыл бұрын

I was a collector. Those services are a 100% ripoffs

@tristan583

5 жыл бұрын

Jimmy Bob wich one

@john1425

5 жыл бұрын

@@tristan583 They just don't do anything you can't do yourself. More importantly, they are motivated to keep you in debt as long as possible so you continue to use their services. My favorite are the "Christian" debt solutions people.

@tristan583

5 жыл бұрын

Jimmy Bob got it

650$? Just tell them to sue you for it if they won't accept a smaller cash payment. Considering the cost to sue this person and the fact that about 1 in 10,000 do get sued then I would wager she has the advantage.

I had received mail in my home mailbox addressed to the former home owner. So many letters threatening to: "Get our money, our $220." This one particular note was hand written and looked like an invitation to a party. It was an ERGENT message to call a number about someone in the family being at deaths door. I knew it was from a collection agency. I had no idea who the person was, or where they were living at the time. Not till I remodeled my living room, tore up the carpet did I see the former owners name on the carpet. Eventually the letters stopped. I never did get a phone call. They couldn't get that number.

So ask them if they just threatened to kidnap you.

Why would you not pay $400 & $650 debt when you make 40k a year.....doesn't make any sense. I don't think she is saying everything true

@xxTurtleNeck

8 жыл бұрын

you misheard good sir. she said $4000. and dave said yeh try and pay only $400 on the $650

@peanutbutterisfu

6 жыл бұрын

Something doesn’t sound right. How can you not pay off a few hundred bucks off in 4 years? If she owes 5k she could pay everything off in 1 year paying $100 per week. How are you that bad with money? If every normal household saved up even just 5 Grand your life would be a lot easier. Why does everyone live paycheck to paycheck. I can understand if your 20 but most of the people are married with kids, how can u put your family at risk? If you don’t have enough money make more and spend less. I worked 3 jobs before and so can you. Smh

@elhuero21

5 жыл бұрын

Pay your debts,... simple enough

@noeytindol5529

5 жыл бұрын

It depends on what you owe, what your rent is, if you have student loan payments and if you have other debts.

@ampmri2434

5 жыл бұрын

Depending on the type of bill, if it's on your credit report, wait the statute of limitations out and get it off your credit report afterwards.

I work with a girl who gets calls from time to time all day to work from an off shore payday loan co. It had been a few months since the last time and it's starting up again. I don't know if she can even get the address to send a letter to not call. We have all spoken to this man and tell him she doesn't work here anymore. She has had the police at the workplace and our boss had told these people not to call and we were even instructed to tell him she no longer works here. It went from that to...just hang up on him. He has even called and sexually harassed a few of the women we work with. I know this all sounds bizarre but...some of those online payday loan companies have nothing to lose because they aren't dealing with US regulations and don't care. So every few months we get calls from this weirdo. We just hang up on them as we are all familiar with the accent of this man and he always asks for her. She hasn't lost her job and I don't think she will due to this. While stupid for taking a loan like this, she didnt ask for this harrassment and nobody deserves to he treated like this. But it's so disruptive!

@Armouredb

6 жыл бұрын

Searching Truth call the phone company and block the number

@SiCVoltage

6 жыл бұрын

That's so true. It's one thing to not pay your bills. But its another thing to get harrassed mentally, and sexually over unpaid debt. That should NEVER be torolated at all.

@debbielmitchell4880

6 жыл бұрын

Get an airhorn. When you answer & it's him, blast him. EVERY time he calls. He'll quit sooner or later because he's now harassing himself. :-)

@insideoutsideupsidedown2218

5 жыл бұрын

Searching Truth next time they call, ask them to hold for a sec, look up DMX on you tube and play "X gonna give it to ya"...

If you owe the money, you need to pay it. Are you still getting Starbucks every day? Eating out?

I'd go hungry; I have .

Its illegal for creditors to call you at your place of work and contact your friends and family. If anyone experience this tell them "I know my rights and my rights are protected by the FDCPA regulation and if you continue to call my place of work and my friends and family, I will report and you will be fined."

@Preservestlandry

4 жыл бұрын

That is not true. It is legal to contact people in an attempt to locate you. Only to locate, not to disclose the debt.

The debt collectors lie all the time. One tried to tell me that I was obligated on a loan my husband (now ex) got in his name, before he and I got married. On edge, because I was studying for finals, I harshly asked the lady what US Code she was basing her arguments on. She started stumbling over words, I just told her to leave me alone because I was trying to study for a law school exam. I hung up. This had taken place on the landline. After that, if my husband collector calling, it was on his cell. Yay!

Eat the car, sell the rice and beans and visit your pastor

Sometimes I wonder what Dave is really thinking with the calls he answers.

@mannyrodriguez3933

4 жыл бұрын

I agree, some of them are pretty stupid or at least no brainers.

hope they don't get a summons against her. Sometimes they claim they served someone but didn't. Then they can get a levy against her and take it out of her paycheck or bank account. I know somebody this happened to.

You mean they are saying you have to pay what you agreed to pay??? What nasty people!

@PInk77W1

3 жыл бұрын

That’s what I was thinking

Awesome

Now call the cops. Even better ask them for the “contract upon which they rely to collect the debt”. I’ve erased more than a million of debt from banks and collectors including IRS and any State revenue. Give me a hoot and I will help remove the debt for you.

haha - Bottom feeders. I can see them at their 40th school reunion - And here's Mr. Jones, a proud bottom feeder um er I mean debt collector his whole life.

@jayallen1334

5 жыл бұрын

funny the bottom feeder is not the loser that did not pay or tries to skip out on paying their debts they OBLIGATED to pay.

@Preservestlandry

4 жыл бұрын

Here's Mr Jones with a job and he pays his bills. How awful. 🙄

Some of these titles are hillarious.

Write a cease a desist letter for them to only talk to you not anyone else or your work and make a copy for records

Just block their number

I would ask before listening here, paper hanging is paper hanging and you may be in trouble.

The people loaning money are bottom feeders? Not the people borrowing money and not paying it back?

@GiantSweetRoll

6 жыл бұрын

Elwood Yes they are bottom feeders payday lenders can be literally robbed by borrowers I have a cousin who still owes $3000 to a payday lender for 5 years. They get finessed alot.

They legally can’t tel you “they’re coming to get you”

@abeekuworldchanger380

Жыл бұрын

That's what I thought too since it's unattached debt.

I had a collector say he would come to my house. I responded by saying, “I’m your Huckleberry. Say when.”

They can get u as in send people to your house and scare you. I think thats what they meant

What happened if i did give authorization to take money every month from my checking act..

@gargoyles9999

5 жыл бұрын

Pilar Perilla then you're S.O.L

@charityclark7910

Жыл бұрын

Change banks asap.

Wouldn't refusing to pay a debt in full destroy your credit rating?

I was a collector and would look up people's neighbors and call them.

@insideoutsideupsidedown2218

5 жыл бұрын

Jimmy Bob if you had called me you would have got DMX , "X gonna give it to ya" we have challenges at work to see how long we can keep, car warranty offers, school debt offers, etc on the phone and i play X gonna give to ya as my intro music. So far, longest wait time has been 38 sec.

@john1425

5 жыл бұрын

@@insideoutsideupsidedown2218 congratulations on being a loser

I had a nasty person call and tell me that my husband has debt and they want it NOW..I told them we don't have that much money. I can give them $100.00 at that moment, but we don't have anything else. They said they won't take less than what is the full amount of the loan or they will take us to court over this matter. So I told them, give me till 5PM that night to see if I can't find a way to get the money. So I went to an attorney and told him about this. He said we needed to file bankruptcy. So I told him, I only have $100.00, but he needed a retainer fee of $350. They called back to find out I went to a lawyer and it bought me another week till they found out I didn't get a retainer for him. I got him to notify them to cease and desist. Yes, I know, they bullied, I fought back. I don't like being abused by others. I fight back with their own tactics. It works for me. They threatened to take me to court, and I called them on it. They called me names over the phone, and I told my attorney to deal with that cause its illegal. Needless to say, they found out I don't play fair, and I am NOT that nice when it comes to being constantly abused by others. My husband learned a valuable lesson in that. Our bankruptcy forced us out of our home, but he learned don't mess with a woman who took over finances when he could not balance the checkbook. This took 10 years to get removed from our credit history. So now my husband again went back into debt. This is the last time I bail him out.

@deborahelliott8460

4 жыл бұрын

@Sponge Bob we did. My husband and I got counsel and now thanks to Dave Ramsey workbooks...we are getting out of debt. It helps when the family is on the same page about debt.

@Preservestlandry

4 жыл бұрын

I missed the part where you were being bullied. You just mean the part where they said they didn't want to settle? That's it?

Never ever pay collections..

@johnhennessy4422

3 жыл бұрын

So just borrow money and not back it back?

@joeyg7458

3 жыл бұрын

@@johnhennessy4422 credit is a game and the game is rigged against the consumer...Learn the rules and win.

@jimpeschke3435

3 жыл бұрын

@@joeyg7458 Sounds like a fancy way of saying "steal". You borrow the money, you agree to pay it back. PAY IT BACK. This isn't hard.

Theres nothing wrong with people demanding what they are owed and not accepting less.

@Questioneverythingx

5 жыл бұрын

There is something wrong when they call your workplace, children and threaten made up legal actions that hold no merit...

@john1425

5 жыл бұрын

@@Questioneverythingx Theres absolutely nothing wrong with calling your workplace. What you are not allowed to do is harass someone. You have to realize the vast majority of people that debt collectors call, take out credit with no intention of paying it back. The least those people deserve is to be inconvenienced. If you, however, were someone trying to do the right thing and you were harassed and embarrassed then I'm sorry that happened to you.

@Questioneverythingx

5 жыл бұрын

Jimmy Bob Never happened to me thank the lord. However, these collectors don’t call to talk to you. They call to talk to your boss/HR department to embarrass you to pay. And let’s not assume the individuals planned to never pay back. Life happens; you know what they say when you assume :)

@john1425

5 жыл бұрын

@@Questioneverythingx no i personally know that most of them never plan to pay them back because i paid my way through school doing collections. And your not entitled to take someone's money and then not be inconvenienced when you ignore them. These people 100% deserve to be called at work. If they didn't do that the entire credit system would collapse. If people weren't called at work then much less money would be lent out

@john1425

5 жыл бұрын

@@Questioneverythingx ill give you that there are ALOT of bad ones. But someone who didn't pay their bills never has justification to get self righteous about harassing debt collectors.

If the collection agency I calling her family members she can due the collection agency. It happens more than you think, if you don't believe me look it up.

@Preservestlandry

4 жыл бұрын

It's completely legal to call family members to locate the debtor.

Bankruptcy and done

@m_d1905

4 жыл бұрын

That does not clear everything anymore, the rules have changed.

@ralphfurley404

4 жыл бұрын

True that clears everything

@mr.speyside5240

4 жыл бұрын

Worst choice ever! I cleared up $72k credit card debt for $27k. Just keep hammering solid deals with them. Most settled around 20-35%.

@Insufficient202

4 жыл бұрын

Sounds about white..

@jimpeschke3435

3 жыл бұрын

Bankruptcy and "Good luck buying a house or car for the next seven years".

Actually in Texas we DO have a HOT check law

@briangc1972

4 жыл бұрын

Does not apply to ACH which is what she did online with the PayDay LoanCo

What about the bottom feeders that don't pay money they owe. You are out of bounds on this one Dave.

@flamedrag18

9 жыл бұрын

Bark partially true, but debt collectors need to follow specific rules or face huge fines and such for each case of abuse, sometimes much higher than what the due debt is worth. there's seeking debt owed and then there's harassing people because of debt owed and ruining their lives over it instead of trying to work with the people and still make a little profit from the deal to pay off what they had to pay to buy the debt and your operating expenses. when debt collectors push to make too much profit from these sorts of deals, that's when they go too far, they leave themselves in a situation where they try to take too much and the client can't handle that sort of burden, so the interactions become abusive instead of constructive. it's not good to incur debt and not pay it back, but it's worse to use abuse to attempt to make someone pay the debt.

@BigRed2

6 жыл бұрын

SirLobsterman Don’t forget Dave was millions in debt himself and filed bankruptcy and got himself a nice gov bailout.

@douglassfunnie9959

6 жыл бұрын

@@BigRed2 Cool story bro

@jayallen1334

5 жыл бұрын

Agree 100% thanks for having a voice of reason!

If you borrowed the money ...you should pay it back.....or it means someone else is paying for your free ride. Dave what are you thinking ??

@thestorydude787

6 жыл бұрын

Rick Believes it's not so much the debt, but the obscene fees and interest charged. That's the main problem. They have no problem charging people like crazy or whatever "feels right", according to them.

@thestorydude787

5 жыл бұрын

These days, hardly anyone reads the contracts to my knowledge since they pretty cookie cut across the consumer lending industry. If we were to pay attention, the wording is such that you would require the services of a lawyer to decipher. That’s how vague and confusing the wording can be that you cannot make sense out of it. As for the fees bit, if you look closely, some lenders will have a clause in their contracts that talks about ‘universal default’. This is where when a lender says to you that they have the right to raise fees if they suspect that you might not pay them back in full. Crazy, but true.

@jayallen1334

5 жыл бұрын

Agree! Thank you for having sense among all these others!

@timothygibney159

5 жыл бұрын

You should payback. Yes. However with 600% interest you end up paying thousands for hundreds of dollars of debt too

Can you make lump sum for student loan . Student loan is about 9 years old and incurred a lot of interest. Can i settle for just the principal + a little interest???

If a debt is less than 12 months, are their threats to sue, etc. real? I'm listening to people with debt up to 10 years old.

@Preservestlandry

4 жыл бұрын

Yes you can sue as soon as they miss a payment.

lies

LOOOOOSSSSEEERRRR

11/5/19....This woman OWES $$$ + SHE KNOWS IT....but she gets MAD when she gets what she calls NADTY PHONE CALLS from these ppl wanting their money repaid! So "holier than thou" woman is MIFFED B/C THESE PPL ARE "NASTY"! SHE IS JUST TRYING TO COMPLETELY GET OUT OF PAYING THESE "NASTY" PPL! Just sayin'......