Debt might be scary, but debt collectors can be downright terrifying.
Those aggressive phone calls, the letters suggesting that you could go to jail its the stuff of nightmares.
But wait, what if the debt collector made a mistake or what if its a scam?
Overwhelmed by what to ask for and what to write?
Were here to help we even have a template that you’ve got the option to use.
Probably not as good as youd like.
It always seems like an uphill battle to build (and keep) a decent amount in savings.
But what if your car breaks down, or you have a sudden medical bill?
Ask one of these companies to help…
What Is a Debt Verification Letter?
Did you know?
Include just enough details in the request and the timeline to effectively cover yourself, McClary said.
Focus on questions you want to ask rather than any additional info that isnt relevant to your request.
Something else you shouldnt include?
A demand that the debt collection company cease all communications.
I also request that you cease any telephone communication in regards to this account.
kindly send all communications to the mailing address I provided above.
(This paragraph is optional and can be customized to your specific request for contact.)
Sincerely,
Your name
What Happens After You Send a Debt Verification Letter?
The bad news: Interest and fees can continue to accumulate on a legitimate debt.
So what are your options when you receive the debt collectors response?
But what if you send the letter and … nothing happens?
Then all your hard work may have helped protect yourself from a fraudster.
And with that kind of power, you’re able to conquer your fear of debt.
Tiffany Wendeln Connors is a staff writer at The Penny Hoarder.
Readher bio and other work here.
When you log into your bank account, how do your savings look?
Probably not as good as youd like.
It always seems like an uphill battle to build (and keep) a decent amount in savings.
But what if your car breaks down, or you have a sudden medical bill?
