(Newswire.net — November 13, 2013) Tampa, Florida —
With the economic malaise still persisting post 2008, Credit Shield has counseled numerous consumers in adopting better credit defense tactics to ward off the collection agencies and improve the personal FICO (Fair Isaac) scores that seems to haunt every potential borrower. Collection letters are the bane of the mailbox life however it is these very hated correspondence that also serve as the tools and vehicles to fight back.
Credit Shield advises people that receive these notices or are scared to respond or even answer the “harassing” phone calls. Fear no longer for help is on the way. Credit Shield educates and provides diligence in the matter of credit and collection processes, particularly with regards to unsecured credit issues. Mortgage and secured debt is a different proposition since tangible collateral is involved. The treatment of such debt and liabilities fall into a different class of creditor.
At some point in time, most people suffer a set back in finances and must deal with aggressive credit agencies or debt collectors. It is at that very moment that requires the proper action to respond. The very correspondence that is most intimidating is also the document that Credit Shield uses to arm their clients in staving off these annoying debt chasers. With this letter, generally, there are loopholes and procedures that may not have been administered properly. The law is very precise when it comes to procedure since it does ensure that consumers cannot be railroaded by the large corporations that can use “scare tactics” to get their way.
Understanding terminology and nomenclature for industry jargon is a good starting point as Sarah Young discusses in her interviews. Categorization of words, procedures, and rights sets the stage for where one can begin to develop and formulate a defensive case against the “scare tactics” used by creditors. Many businesses are over exuberant in their quest to retrieve their collections, not realizing that one misstep, can erase their ability to chase their claim.
For more information about credit protection and consumer rights, contact Credit Shield.