Listen... we can all collectively agree that debt sucks... and thus debt collectors are not often sought after companions. It's their job we get it... I know I know... but it still doesn't change the fact that a phone call from them can really ruin your day.
Why would they be calling you? Well.. that is easy. If you're getting a call from a debt collector it means you have a debt that is overdue and now they must commence the chase. Though we have gotten pretty crafty at eluding the debt collection calls, avoiding them can cause serious damage to your credit score and can eventually lead to wage garnishment.
Like I mentioned earlier, debt collectors are simply doing their jobs. Because they are doing their jobs, that means that there are things they can do and can not do. In order to arm you with the best opportunity to get what you want, here's a run down of what you need to know.
Now that you know the basics of what a debt collector can and can't do you're ready to tackle them head on in a 1 on 1 conversation. So what do you say? I've you covered! Grab your free negotiation scripts here! When you sign up for our mailing list you'll get three negotiation scripts: 1) Decreasing your credit card APR 2) Increasing your credit line on your credit card and 3) Lower/ Delete your debt.
What's really important to remember once you use this script to get what you want, make sure you get everything in writing and that you stick to the agreement you have worked out with your debt collectors. If not they can (and have done so many times) revert to the original agreement you had prior to your negotiations.
If you need a bit more visual guidance check out this video below of the 4 steps you need to take to negotiate your debt!