Debt collectors resort to racist and terroristic threats
I have a family
member who works in collections. She is pretty good at it, too. She tells me
that given the economic downturn and new credit card laws, it has become increasingly
difficult for her and her colleagues to meet their quotas. Collectors that do
not meet their goals are fired. Ironically,
many of the ex-collectors themselves will end up in arrears and experience the
same unyielding collection tactics they administered.
I am not insinuating
that you should have any sympathy for debt collectors. However, I am attempting
to explain possibly why collectors are going to extreme measures to collect debts,
even debts as small as a few hundred dollars. In the same way that debtors are
under extreme pressure to pay their bills, collectors are under extreme pressure
to collect debts.
Below are two of the
most outrageous cases of debt collectors resorting to appalling tactics that obviously
violate the law—and both stories broke within the past two months.
Greetings! I’m Kevin D. Johnson, a business owner who has recently assumed the role of consumer advocate and internet activist. Atlanta, Georgia is my home.
Upon returning from my wonderful honeymoon in Jamaica in October 2008, I received what I thought was an ordinary American Express bill, but to my surprise it was a disappointing letter informing me that my credit line was reduced by about 65% for a highly suspicious and discriminatory reason. Considering my excellent credit score and pristine payment history, it just didn’t make sense. However, what does make sense are the unfair and insidious policies that I have uncovered when asking why. It is time to change them.
I created this web site to document and share my challenging journey to change what is wrong, unfair, and unjust in the credit card industry. The ultimate goal of this web site is to inform consumers of ways to stand up for themselves against treacherous business practices and to educate consumers about how to improve their credit. Finally, I hope to encourage a more open dialogue with credit card companies about their policies–good and bad.
I am proud to say that this blog's unyielding demand for change led to an important 
I have never experienced any harmful threats when a debt collector from a mortgage ma company knocks on our door. I just hope I will never experience one.
Posted by: Derrick Patterson | January 10, 2013 at 07:17 AM
It's not proper to resort to these threats when doing collection. The firm has to be responsible for their action.
Posted by: debt collection agency | December 11, 2011 at 05:54 PM
When banks or credit companies result to threats as well as racial slurs, how will they expect the in-debt to cooperate for a feasible or re-structured payment plan?
Posted by: certified financial planning | October 18, 2011 at 07:38 PM
That is considered harassment and shame on debt collectors for using domestic violence suggestions.
Posted by: debt consolidation loans | September 05, 2011 at 10:50 PM