How do I know if a collection call is real?

How to know the difference between legitimate debt collections and scams

1. Red flag #1: They contact you when they shouldn’t.
2. Red flag #2: They don’t verify your identity.
3. Red flag #3: They are clueless about your debt.
4. Red flag #4: They use aggressive tactics and/or language.
5. Red flag #5: They are impatient.

Why am I getting calls from debt collectors?

But why do debt collectors call? You typically only receive collection calls when you owe a debt. Collection agencies buy past-due debts from creditors or other businesses and attempt to get you to repay them. When debt collectors call you, it’s important to respond in ways that will protect your legal rights.

How can I avoid debt collection scams?

7 Ways to Stop Debt Collection Scammers

1. Strategy #1: Do not engage.
2. Strategy #2: Ask for written verification.
3. Strategy #3: Turn the tables on them.
4. Strategy #4: Record and report.
5. Strategy #5: Hire an attorney.
6. Strategy #6: Change your phone number.
7. Strategy #7: Have fun with it.

Can debt collectors tell other people about your debt?

Can debt collectors tell other people, like family, friends, or my employer, about my debt? No. Under federal law, a debt collector may contact other people but generally only to find out how to contact you.

Why are there so many complaints about debt collectors?

Debt Collection. Debt collectors generate more complaints to the FTC than any other industry. Although many debt collectors are careful to comply with consumer protection laws, others engage in illegal conduct. Some collectors harass and threaten consumers, demand larger payments than the law allows, refuse to verify disputed debts,…

Can a debt collector still show on your credit report?

Debt collection scams are getting sophisticated. In fact, the debt a scam collector may say you owe is something that could still show on your credit reports, or that once was on them. That is why you may recall the debt in the first place, and be susceptible to fork over some money to stop a fake lawsuit, arrest,…

Is there such a thing as a fake debt collector?

Fake debt collectors try to trick you into paying off debts you’ve never actually taken out. One of the biggest dangers is that they might sound legitimate. Many use the names of real businesses — or names that sound similar to real businesses you might even have an account with.

What to do if you get a debt collection call?

If you have received a suspicious call or think you’ve been the victim of a debt collection scam, you can submit a complaint with the Federal Trade Commission or you can contact your state Attorney General’s office . Editor’s note: This post was originally published on October 17, 2018.