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You ever gotten a phone call like this debt collectors stopping at nothing to bug you.
Our -- -- if you caught up but his art critic hurdle yet are they're gonna -- at that.
I think that can don't.
Put it orange -- and -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- OK so -- should you react to a call like that and when she simply hang -- traders right now -- a director consumer education for credit dot com.
Jerry depth Weiler good morning to you Gerry with a name like that -- Larry you obviously are an expert at death.
Yes and I've heard from a collector to myself so this is something that can happen to anyone whether you pay your bills are responsible are not.
You may hear from a debt collector absolutely I've I've -- those phone calls -- little scary here's an email from of woman named Gillian.
Today I received a letter in the mail from a collection agency stating that the dvd -- rated five years ago has gone to collections the tunnel that -- About 9 bucks am I gonna get a bad credit score for an unpaid bill an 897.
Yet that's consumer -- credit dot com and you know that the proud of these little collection accounts he's nuisance collection accounts.
They can hurt your credit just as much as a large -- to eight dollars eighty dollars 800 dollars.
It's all very negative it stays on your credit report for seven years romance you better address it immediately you've got some tips first of all.
Never ignore address the issue as soon as you find out about -- Exactly so for example medical bills slips to the crack a co pay sometimes they will let you pay and not reported to the credit reporting agencies make sure you ask them.
William report it if they reported its negative it doesn't matter whether you pay it or not that's a good point also pick your battles no way to fight and -- to pay up if you can't resolve something with a credit agency they're gonna come after your own thing.
-- you know you get a fighter would your cell phone company overbilled that you don't think you should have to pay or some -- since Deanna and accountancy want to get a pay and they -- fun and we'll send it to collections and guess what.
They win because they have the power to -- basically -- credit for the next seven years.
Does sometimes it makes sense in those disputes to pay the bell and then you can try to -- get a refund but try to keep it off your credit if you can.
Absolutely and that leads us to the final point and that is monitor your money or your credit stay on top of your account history.
And in check to see whether or not an agency has -- has reported you.
Exactly because one of the things we hear a lot of consumers -- find out about a collection account when they go to refinance a mortgage as they go to get a loan and they discover it's -- -- proceeded to thank you get your free credit reports we also give consumers a free credit score at credit dot com.
You need to stay on top of this because -- -- on -- you wanna make sure the address -- as quickly as possible absolutely we refinance a couple of years ago my wife found out that there was a credit card that was still open from twenty years earlier that wasn't even being sent to our house.
Yet those those kind of mistakes we see them all that time and that's why it's important to both monitor your credit as well as.
You know talk to these guys -- to get the letter in the mail -- if you're not sure but years.
Ask for a documentation of the debt you got to deal with it all right Niger -- -- drew is today from credit dot com Jerry thank you very much for helping us today.
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