Bad Credit Repair Rookies Lose Money & Credit Scores When Paying Off Debt Collectors! (podcast)
Posted by | Posted in Credit Repair | Posted on 01-07-2010
Bad credit repair advocate Mike Payne provides FREE podcasts for your eduTainment – please leave your comments, questions and/or suggestions below!
Consumer Advocate Mike Payne helps people improve their credit & grab the keys to their new homes!
Enjoy this short podcast….
For more information, click the link.
Bad Credit Repair – Don’t Pay Off Debt Collectors Until You Hear This!
Description: Paying off a debt collector the wrong way will waste your money and drop your credit scores.
Click triangle to begin podcast….
Daily, I receive calls from people faced with debt collectors who call and call and call.
Some debt collectors professionally do their jobs.
They don’t scream, lie & threaten.
Some debt collectors harass, threaten, lie & call your neighbors and family.
Oh yes, some will and some do.
Before you pay a debt collector even one penny, confirm you run this alleged debt through my sniff test:
- Is the debt yours?
- Is the debt accurately reported?
- How old is the debt? Don’t look on your credit reports for the date? Furnishers illegally re-age debt all the time to extend harassing you.
- Is the debt outside statute of limitations (on collecting)?
- Is the debt collector calling you on it?
- Do you have anything to lose or gain by doing anything about the alleged debt?
- That is, do you want something that demands you settle this alleged debt?
- Do you understand why your credit scores DROP when you pay off a debt collector…without a proper negotiated settlement?
As bizarre (and illogical) as it sounds, you hand over your money and your scores drop!
Worse, you hand over your money, your scores drop AND another debt collector hits you up for the same debt. Forget trying to talk to these guys. You don’t talk to debt collectors.
You know your rights and HOW to fight back should you encounter an aggressive debt collector.
What 8 costly, dangerous credit/credit repair mistakes do people make? Glad you asked. On my latest DVD, I review the exact 8 SECRETS TO A 680 CREDIT SCORE! Quickly, you will see the 8 common, dangerous & costly credit mistakes I see people make, killing their credit even further and stealing their money. Most of all, credit issues keep people from getting exactly what they want from “good” credit. If you have credit issues, check out this dvd. You will be glad you did. I assure you….
Bad credit repair demands you put your money away and not give a debt collector even one penny, until you understand HOW to settle accurately reported debt . What questions do you have about debt collectors and handing your money to a debt collector? Scroll down and ask your question, leave a comment or share an experience you’ve had. Thank you!
Similar Posts:
- Bad Credit Repair – Secret Weapon Fights Off Nasty Debt Collectors!
- Bad Credit Repair – Debt Collectors USE Unconventional “TOOLS” To Fight Alleged Debtors!
- Practical Realities of Credit Repair
- Credit Restoration- “Pay For Performance” is the Way to Go! Scott Zeeman
- Debt Management and Credit Repair Connections
