Debt collection scammers attempt to take advantage of thousands of consumers throughout the country every year. These scammers pose as legitimate collection agencies in order to get consumers to pay them for debts that are owned by someone else, been cancelled, or simply do not even exist. Unfortunately, it can be difficult to tell these scammers apart from the real thing, so here are a few things to look out for when a “debt collector” calls you.
The Collector Demands Immediate Payment
You should be suspicious if the caller demands that you must pay them immediately. While real collection agencies do attempt to convince consumers to pay as soon as possible, scammers will often use over-the-top threats to try to force you into paying immediately. Debt collection scammers may threaten to file a lawsuit or call the police; however, legitimate collection agencies will rarely resort to these tactics.
The Caller Asks You to Pay Via Unusual Methods
As with any legitimate business, a collection agency will allow you to pay through various methods, such as: debit, credit, online, by mail, or most other methods. On the other hand, scammers will often refuse to be paid through most conventional methods. Instead, they will request that you pay via wire transfer or other untraceable methods of payment in order to avoid being tracked by law enforcement.
The Collector Doesn’t Have Information About the Debt
A real debt collection agency will be able to provide you with any information about your debt that you request. They will either have the information themselves, or will call the original creditor to collect the information. Meanwhile, scammers usually will not be able to provide you with even the most basic information such as the account number, whose name the debt is in, or the date of default. If the caller does not have this information, they are likely to be a scammer.
Debt collection scams are one of the many factors that negatively impact consumer throughout the country. One of the best ways to ensure that you don’t fall victim to these scams is to do what you can to clear any outstanding debts that you have. By working with an experienced debt defense attorney, you might be able to free yourself from debt through tactics such as debt settlement. The Law Offices of Alexander Borell offers free consultations for clients struggling with debt in Miami, Orlando, Tampa, and West Palm Beach.