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The Big Bad Collector

We’ve all been there. We get a call or a letter from a collection agency demanding we pay an overdue bill.

Right. Now!

Let’s face it, collection companies are the worst! They hound and hound us until they get what they want: our money.

And, well, that’s their job, so we can’t get too upset with them…right?

Although it’s tempting to hide from these “baddies,” it’s also smart to cooperate with them. A paid collection helps improve your credit score, but a collection that disappears completely does wonders for it.

But, wait. Before you run off to pay your collector(s), read our collection tips first. Download our book or visit smartwithdebt.com to learn more.

Collector Tips: Written Agreements

Before you run off to pay collection companies and creditors to boost your credit score, remember this important tip:

Have written agreements in place! It’s unfortunate, but a lot of these companies and individuals do not have your best interest at heart. So, play it safe and put everything in writing.

To learn more credit strategies, and how you can get a mortgage when the bank says no, go to smartwithdebt.com.