Search unanswered questions...

Enter a question here...

How much information do you need to give a collection agency?
[Edit]

Answer

You should never give a collection agency or anyone else any personal information over the phone. You do not give any specifics of your particular situation but it is best to always deal with them by by mail. Then you have a record of exactly what was said and done. Many collection agencies are less than truthful and will say anything to get information from you to enable them to collect.

Never give them your bank account information and consider setting up another bank account at a separate bank if you are making payments.

You have the right to stop them from calling you at home and work. You also have the right to verification of the amount they claim you owe. You should also check the statute of limitations in your state to be sure that the time for collection has not expired.

Improve Answer Discuss the question "How much information do you need to give a collection agency?" Watch Question

First answer by anonymous. Last edit by Wayne Patterson. Question popularity: 171 [recommend question]

Research your answer:

Answers.com > Wiki Answers > Categories > Business and Finance > Personal Finance > Debt and Bankruptcy > Debt Collection > How much information do you need to give a collection agency?

Our contributors said this page should be displayed for the questions below. (Where do these come from)
If any of these are not a genuine rephrasing of the question, please help out and edit these alternates.
Do you have to furnish employee information to a collection agency?  Do you have to give a collection agency your employment information?  Do you have to give information about by employment to a collection agency?