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Debt Collectors – Lies, Damn Lies and Deceit

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If you’ve had to deal with debt collectors, you know that a lot of them can be quite persistent, rude and even downright annoying. But exactly how do you know if a debt collector is flat-out lying to you or misrepresenting the facts simply to have you fork over some cash? It’s not always easy to separate truth from fiction with regards to aggressive bill collectors.
Debt collection agencies train their collectors to do everything possible to collect a debt and close out an account as rapidly as they can. Sometimes, unfortunately, the unscrupulous ones may even tell you bald-faced lies in an effort to scare you or quickly pull money from your pockets.
Debt collectors are usually well-trained people who deal with hundreds of cash-strapped consumers each and every month. Consequently, they know what questions to ask, how to intimidate you, and what buttons to push, in order to get what they want.
In light of these facts, it’s vital that you be familiar with the tactics debt collectors often use, including the lies that lots of them are trained to tell. This is a look at many of the most common lies creditors will tell you.

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