“I need to pay the creditor but I am not going to pay the collector”

“How can I not pay the original creditor when I owe them money”

First of all, if the consumer cannot pay these days, there is most likely a hardship situation…….. unemployment, medical emergency, divorce, death. We should not have overextended ourselves in credit anyway (but we are about to change that for the future) and we have learned a big lesson. We had great credit scores and bills were current. Then the unexpected happens. Bad goes to worse and the collection agencies want money.

Here is the justification. It is a paradigm shift. Plus we have the FDCPA and the FCRA on the consumers side.

The OC has a balance sheet and they have profit and loss. Credit card holders who cannot pay are on the balance sheet as a loss. The OC takes a “charge off” and puts it on your credit report. They get a tax break as a business from this charge off. Then there is the IRS who gives them so much loss as a huge corporation. THEN the OC sells the worthless paper to JDBs for pennies. The OC made a profit from you and have been paid by you – the consumer – and it is business as usual.

Now the collection agency (JDB) has a list with name, number and balance on a spreadsheet. They have not paid for the balance of the account. So what gives them the right to collect the balance when they DO NOT OWN the balance. There is no balance for the OC so why is there a balance for the collection agency. The collection agencies tell the consumer that they were assigned to collect for the OC. Not true. The debt collector is counting on the consumer ignorance that we do not know what the rights are when it comes to “assignment” of an alleged debt.

The objective of the JDB / collection agencies is to get you to pay them. Instant profit for them. Do you take their word for it that you owe them money? They want you to set up payment arrangements, send in a post dated check, make a settlement for a discount on the balance, or pay in full. They are bullies trying to take your lunch money at recess – remember those types? Did you know that you can sue the collection agency?

DO NOT PAY!

Once you pay them and they receive payment – you are acknowledging that you do owe them money. It is almost impossible to fight them and dispute it once they receive your payment but it can be done.

This can be overwhelming dealing with collection agencies. Do not procrastinate and ignore them. They need to prove the alleged debt to the consumer on paper. Contact us for a free consultation to see if we can make these collectors go away forever.

We do our best (and there is no guarantee because each consumer has their own scenario and) 99% of the collection agencies fade out of the consumers life once we take action against them.

NEXT LEVEL CREDIT

“Taking Your Credit to the Next Level”

Eliminate immediately. How soon is “immediately”?

No payment schedule, no settlement, no post dated checks mailed, no checking account draft.

Gone in 60 days (give or take another 30) forever.

The FDCPA states that the debt collector has to PROVE the alleged debt and send the consumer validation. The collection agencies cannot prove (in most cases) that they own the alleged debt, therefore, the consumer DOES NOT PAY the debt collection agency.

The reason Next Level Credit sends correspondence to the debt collector is to have the collection agencies validate the alleged debt. For example, the consumer receives a letter/phone call from the debt collector, Next Level Credit corresponds with the debt collector on behalf of our client. In a matter of months, the account is eliminated and the collector ceases to collect ANY money at all. Each client has their own particular situation and we work with our client hand in hand.

The word elimination is thrown around alot when it comes to current debt and current credit card balances. It usually means that over time on a payment schedule the debt can be eliminated. This is true in most cases. Debt elimination is a broad term and can be understood that it requires a payment plan to pay off the debt. We do not advocate debt consolidation at all.

Debt collection elimination is a totally different world. In the collection debt world, elimination takes 30-90 days.

Have you seen our new testimonial page?

NEXT LEVEL CREDIT

“Taking Your Credit to the Next Level”

The finance experts will not tell you that you have rights as a consumer to challenge the collection debt. The consumer advocates tell you to negotiate with the collection agencies. The label “consumer advocate” can be misleading. Do they really have the consumers best interest or are they being pc because of who they are and the toes they may step on?

How did this country arrive at this time where there are at least 6,000 collection debt companies?

Stay tuned for the history of debt and how the credit card industry got greedy before you could even say “past due”. We are set up to fail when we have a credit card even if we have a 700 score.

Our mission here is to help you get to that 700+ score.

NEXT LEVEL CREDIT

“Taking Your Credit to the Next Level”

Here is an interesting tidbit: A friend who was hired at Mann Bracken was told they were a law firm. She was an administrative assisant in their office. Two weeks after being hired, they approached her about a change in job duties. She was given a script and told to call customers to ask for payment. Needless to say, she knew about debt collectors and some of their tactics. She saw money flowing like water thousands per week. Bonus’ money to reward the productive employees. They had to make a quota. She was not “hired” to do that and she left the company. Her very descriptive statement to us was that “Mann Bracken is ruthless”.

No doubt. But not for much longer.

Have you dealt with Mann Bracken or Fredrick Hanna? Send me your success story!

NEXT LEVEL CREDIT

“Taking Your Credit to the Next Level”

No matter how old the collection debt may be, the consumer needs to write to the debt collector. If you do not write, the situation may become worse and there may be a lawsuit. At least by writing a letter, the consumer will have documentation sent to the debt collector.

Where do you find the VOD (Validation of Debt) letter? HERE ON THIS SITE. Copy, paste and tweak it for your scenario.

Within 30-60 days the consumer will have results. 99% of the debt collectors in the USA cannot validate the alleged debt.

Our question to the consumer: Do you understand why you are allowed to write to the debt collector? Do you understand why the debt collector has to respond? Do you understand the FDCPA and the FCRA?

If you have any collection debt and any negative items on your credit report you NEED to know the laws/acts. It is for your own protection.

NEXT LEVEL CREDIT