Tutorial Session
Understanding How To Deal With Creditor and Collection Agencies
Learn How To Deal with Creditors and Collection Agencies
Who wants to deal with creditors or collection agencies. Nobody I know wants to.
But the truth is, it's not so bad once you figure out how to do it.
So I'm going to give ways to do it.
1. Gather all your debts
2. Start a file for each creditor
3. Write down the telephone number of each creditor
4. Write down what it is you want the creditor to do for you.
5. Call each creditor one by one.
6. Make notes on each phone consultation. These are some things you should document.
- name of creditor
- account number
- what you call for
- date you called
- who you spoke with
- results/outcome
7. Continue to keep in touch with each creditor until your account is either current or paid in full.
8. Understand and know the new laws that affect your credit card. Click next page to learn the new laws concerning credit cards and credit card companies.
Objective: Learning Outcome
Upon completion of these tutorials you will be able to demonstrate an understanding of:
money management
- budgeting your money
- saving your money
- investing your money
credit management
- credit bureaus
- credit cards
- credit reports
- credit scores
- how to establish and maintain good credit
debt management
- debt reduction strategies
You should also be able to make wiser chooses when dealing with:
- banks
- insurances
- investments
