When A Debt Collection Company Is Wrong
Today we are going to tell you a little story about John who recently had an interesting and frustrating experience with a debt collection agency. John’s story may be unique and not every reader will be able to relate, however the principles are true and worthy of giving your attention to.
John Smith got a call one day from a debt collection company stating that John had a past due amount he owed to a local cable provider. John was confused as to how he could have such a bill. John had recently moved into his childhood home and had never had any sort of account with the cable company in question. The debt collection agency didn’t want to hear any excuses from John and called him a liar and stated that he owed them $175.
John hung up the phone with the company and after a couple of days he forgot about the situation.
Two months later John went online to check his credit report and found that there was a negative claim on his account that shouldn’t be there. After some investigating John realized it was that mysterious cable company bill. John called the debt collection company and tried to find out more information. It turned out that John’s grandfather had opened the account and the final bill was never paid after his grandfather had passed away years ago. The issue was that John shared the same name of his grandfather and now john was living in his grandfather’s old house, so there was virtually no way to distinguish between John and his grandfather.
John talked to every manager at the debt collection agency he could find but no one was willing to help him. He finally called the cable company and went through their channels to try and find someone that could help. The cable company wanted John to submit a death certificate for his grandfather proving John was telling the truth! After more and more digging and talking to more and more managers, John finally asked the manager to check when the account was opened. They found it had been opened in 1995 when John would have only been 7 years old. The manager apologized for the mistake and immediately removed everything from their system. John’s credit still took a minor hit but that will soon recover.
The point of this story is that you should never allow a debt collection agency to push you around or harass you. If there has been a mistake on your credit report you need to spend some time and dig to find out what the mistake is so you can correct the issue and fix the situation. Most debt collection agencies will not assist you and most companies will not immediately correct the issue unless they have proof. You have to work to prove that their reporting is inaccurate. So don’t get upset if something is wrong on your credit report. Just work a little bit harder and find the mistake and then contact the company with the correct information!
Remember, with FIRMS we are here to help you with any financial or debt related questions you might have! Don’t hesitate to contact and let us know how FIRMS can help you!