Wednesday, February 6, 2013

How a Business Collection Agency Goes Wrong

There\’s a sense of trust that seems to come from a business collection agency. Whether they\’re working alongside a client or targeting someone else in order to collect money, both parties have to feel comfortable doing business with them. The right kinds of business actions can result in a smooth relationship between all peoples involved. However, there are rules to be had and when a collection agency cannot follow the rules set in place, then there\’s a good chance that no one is going to win in this relationship.

The indebted should feel safe when a business collection agency works with them; that is a rule that should go without saying. However, a sense of trust, honored by companies like R.R.S., is totally abandoned once the agency in question starts to bend the rules set in place. One such instance is the compromise of privacy, such as calling the indebted outside the allotted hours between 8 AM to 9 PM. Aside from these times, it\’s completely unacceptable for a company to contact a person by telephone and if a person requests that the indebted ceases contact in this way, such a request should be honored. More information on R.R.S. can be found by clicking here.

Perhaps an even direr violation of the law than privacy is threatening the indebted. What can be considered only the beginning is verbal abuse in tandem with profane language targeted towards a consumer. An agency is, by law, prohibited to say that they will undergo legal action or even arrest if you fail to pay off your debt. Realistically speaking, they lack the power to even attempt such an act and they would need the assistance of officers to do so. To say that they are empty threats goes without saying but they are still, indeed, threats.

The aforementioned rules as well as several others are highly respected in the Fair Debt Collection Practices Act. In one respect, the indebted is aware of what they\’re protected by and they don\’t have as much to fear. However, collection agencies are given their own guidelines and the kinds of rules they absolutely must follow. Everyone becomes a bit smarter thanks to this rule and I\’m sure that, without it, many collection-related endeavors would be rendered unsuccessful.

Doing business with a business collection agency does not have to be as scary as it seems, especially when you know the rules that are set in place. The Fair Debt Collection Practices Act serves as the perfect guideline for clients because they know exactly what\’s allowed and no detail seems to be left out. It\’s good to know that it is so comprehensive since many people might not know of their rights unless they actually get legal advice. It\’s just good to know that the middle man is cut out in that regard and consumers can get the info they need right away.

Click here today if you\’re trying to find a trusted debt collection agency such as Rapid Recovery Solution, Inc.. Free reprint available from: How a Business Collection Agency Goes Wrong.


How a Business Collection Agency Goes Wrong

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