Recently, while still living up in the South Shore area of Boston, I spoke proudly of being a student loan collector. Why? Because I felt a sense of purpose in keeping educational funding circulating.
I have since moved to Pensacola and taken a new collections job in close proximity to my new home. Collecting credit cards, bank crads, medical bills, and worst of all payday loans. I hate it. I feel no passion or purposefulness slapping people on the wrist for overspending, and as far as payday loans go, I just flat out hate it. I know damn well that they are corrupt and a scam. How is getting cash from a pawnbroker in exchange for unlimited access to your bank accounts not loan sharking? They are designed to make people bounce checks which can be construed in a court of law as deliberately passing bad checks. How is that not corrupt? I think we should all write to our congressmen or state reps about this.
I'm looking to leave the collections business altogether and start my marketing career a little early. I have an application in at the nearest Coca-Cola Bottling Company and have high hopes for this. I also know that I've made a lot of headway on this forum helping distraught borrowers and trying to give collections something of a good name. What do you guys think? I'd like some input from other members as to what the wiser decision is.
Don't get me wrong, I like the people I work with now, they're very friendly and the company is great. Yet it is small and can't exactly pick and choose it's clients. So here I am speaking on behalf of these charlatans at the payday loan places, and the only contact I get all day is a single mother whose child is sick in the hospital and she's so broke that she's driving an unsafe car that she's one month behind in paying, and my job is to tell her to put the sick kid and unsafe car behind an pay the loan in full. WHAT??!! That's just disgusting. Every time I'm at work all I want to do is go home.
By signing up a debt counseling session, your provided details (Name, Email ID and Phone No.) will be forwarded to the company advertising on the DebtCC. However, you have no obligation to use their services.
Some creditors and collection agencies refuse to lower the payoff amount, interest rate, and fees owed by the consumer.
Creditors/collection agencies can make collection calls and file lawsuits against the consumers represented by the debt relief companies.
Debt relief services may have a negative impact on the consumer's creditworthiness and his overall debt amount may increase due to the accumulation of extra fees.
The amount which the consumer saves with the use of debt relief services can be regarded as taxable income.