The Debt Collector

Amy Fontinelle is a writer, editor, and personal finance expert. Her clients include personal finance websites, financial institutions, public policy organizations, academic journals and professional economists. In a recent post for Investopedia.com, Amy discussed debt collector tricks and practices, focused on annoying the debtor. Let’s see how far they are willing to go.

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Outfox The Debt Collector’s Hounds

Debt collectors have two subtle weapons at their disposal: fear and ignorance. Many people dread the midnight phone calls or the embarrassing workplace confrontations, not realizing that these old standby threats are just that – threats. As you’ll learn, these practices and other tricks of the debt collection trade are actually illegal.
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