Purpose of a Debt Validation Letter

There are a lot of scammers out there, better to be safe than sorry.

[URL=http://www.debtconsolidationcare.com/settlement/thread113136.html]CLICK HERE[/URL] to read the Fair Debt Collections Practices Act.

Often there is no paper trail...there are tons of scams out there. Plus you are asking the CA for the validation, not the creditor.

DV confirms that the collector is authorized to collect the debt on behalf of the original creditor. Perhaps you haven't been around long enough to see debtors being contacted by two agencies for the same debt. Validation also confirms the proper accounting of fees and interest that were added to the principal.

So should I wait for the debt to get to a CA before asking for a DV? I still don't see how a scammer can persuade someone to pay them a debt that they owe. Can someone explain?

It's usually not scammers, just disorganized JDB's (junk debt buyers). You cannot send a DV to anyone other than a JDB/CA. Original creditors are not required by law to acknowledge or respond to it.

Thanks for the clarification. Up to now, I thought DV's were sent to both creditors and CA. There are those that suggest reading the forums for the answers to your questions, yet not everyone hits the nail on the head and not everyone has the time to read every single question and response out there. Thanks again for clarifying this for me.