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Question
I was just wondering if there is a law or anything on how many times a day, or specific days of the week a credit card company can call someone trying to collect money. They call 3-4 times a day, everyday including weekends. My husband has consent to speak with them, they know this and yet they refuse to speak with him when he answers the phone. I told them I do know that I need to make a payment but cannot do so at the moment, and they hung up on me.
Not specifically how many times only that they cannot call repeatedly as an annoyance. The Fair Debt Collection Practices Act governs collection agencies or third party collectors and lays out what they can and cannot do and what you can and cannot do. Read up on the FDCPA at www.financialemergency.com. Click on the Fair Debt Collection link. There is a summary of the law and an actual copy of the law if you need more detail.
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Answers by Expert:
Michael Brotherton
Expertise
Consumer/Debtor Rights Advocate. Mike Brotherton is a negotiator with over 30 years experience in consumer lending and collections. Mike has 30 years in the credit and collections industry as a former loan officer, debt collector and manager of two finance companies over several years. Mike is well versed in Loss Mitigation practices and the legal collection process. He has helped literally thousands of people over many years overcome serious financial problems such as foreclosure, creditor lawsuits and abuse by debt collectors. For more information about resolving your "financial emergency" visit www.financialemergency.com. FinancialEmergency.com is a consumer web site which actively promotes Fair Debt Collection Practices and other consumer protection laws. We teach DEBTOR RIGHTS and enforcement of those rights. The more informed you are of your rights and the credit collections practices of creditors the more peace you can have dealing with your FINANCIAL EMERGENCY. Most financial problems are fairly common and as such have some very common solutions. The key is understanding your rights in the collection process and how to enforce them if need be. Primary business- Debtor Rights Advocacy and Debt Mitigation relating to foreclosure, creditor lawsuits, and other serious financial problems. www.financialemergency.com (copy and paste in browser).
Experience
Over 40 years combined experience negotiating disputes and resolving financial issues related to consumer debt, corporate issues and mortgage modifications.
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