• Jeff Michael: Repair Your Credit and Knock Out Your Debt

    Jeff Michael: Repair Your Credit and Knock Out Your Debt
    I highly recommend this book because I wrote it.

  • Edie Milligan: Tips from the Top: Targeted Advice from America's Top Money Minds

    Edie Milligan: Tips from the Top: Targeted Advice from America's Top Money Minds
    I have about a dozen entries in this book.

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Susan Keating of the NFCC is complaining about referral services and mandatory membership in an organization????

i hate scavenger debt collectors they want your money and buy old debts for penny on the dollar

That is some very good advice. More people need to make the collectors prove their claim. I've had friends that got collectors to go away based on their inability to provide proof of the debt. When you're struggling to pay things off and have collectors calling all the time, getting one of them to go away is a major milestone and a great weight off of your back.

Great advice, Jeff. Debt collectors prey on people's ignorance of debt collection laws. Most debt collectors hide behind their 30-day debt validation period, knowing most people will receive what looks like "junk mail" and toss it away. In the meantime, the 30 days forcing debt collectors to validate expires, leaving collectors to verifying without validating. It's been reported that ~80% of all credit reports contain inaccurately reported information. 80%...8 out of 10. Perhaps even worse is that *most* people simply pay collection demands without first negotiating a Pay for Delete! The debt collector gets your money, and you get more bad credit. Paying off a collection (without a PFD) does NOTHING for your credit scores.


I persoanlly think we the debtors should all ban together and start fighting these blood sucking collectors and their leaching lawyers. i mean come on they no the routine. some of them only make minimum wage to collect debts from people who may or may not have the money to pay but we all know what a killing the banking and credit industry makes off of consumers. we need a modern day robinhood to arise into our country! and where do the collectors get off complaining about their job? without consumer and their debts they dont have a job, so stop pretending like you hate us. without us u wuld probably b one urself! i mean come on situations arise everyday. we never no what tomorrow holds, anything is possible and i personally pray to GOD everyday that i will not have to face anything I can not handle. The fact is THIS COUNTRY is in debt! NO ONE IS PERFECT except THE MAN UPSTAIRS! GOD BLESS

What's the point of paying? All it's going to do is make the consumer look bad for another 7 years, and the JDB can't remove the trade line from the original creditor anyways. From a strictly business point of view - There has to be a better incentive for the consumer to want to pay.

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