make money online: Why Collection Agencies Aren't Immortal

One time my friend told me a story about how collection agencies targeted him after he finished school. He didn't have the most promising student loan amounts to pay off and things were made more daunting when a debt collector contacted him. I empathized with my friend as I should have but I also had to wonder how much of what he was legitimate. Part of me believed that there was more to the story and once I searched online for stories, I was quite startled by my findings.

The article in question was on the Huffington Post website and it was entitled, "Real Confessions of Debt Collectors." Essentially, the people who worked in collection agencies shared their stories about encounters with debtors and it opened my eyes to just how difficult they had it. For example, freelance journalist Kerri Fivecoat talked about the series of death threats that the company encountered along with the bomb scares that were issued from the outside as well. It showed that not all debtors were innocent people, even if organizations like R.R.S. try hard to work professionally with them.

A common misconception of debt collecting is that people who work in that field are simply horrible people and want to make others miserable. Despite the fact that many people think harshly of debt collectors, these people are not in the business to yell at or get into arguments with others. They only want to help clients receive their money and, in turn, make a living for themselves since collection agencies work on commission. Why would anyone want to yell at the person that could pay their checks?

The idea of fear seems to be the greatest point of contention when it comes to contacting debt collectors. Some people are simply afraid of what can happen but the worst thing that a person can do is to ignore a call made by the collector. This isn't done out of negligence since the debtor knows full well that they have a call waiting but they are terrified of what could happen, so they hide from the problem, which only causes it to escalate. Making excuses is not recommended, either, and can be as bad as ignoring the problem.

Those who aren't fully learned as far as debt collecting is a concern may not know what they're talking about when acting negatively towards it. There is simply a negative connotation with this line of work and hearing more about it from friends and family will do little to quell said connotation. Debt collecting isn't entirely savage, though, and not every company in this line of work applies. Most debt collectors are not abusive, borderline evil people. They are merely people trying to support themselves, perhaps even their families, while enduring scrutiny thrown their way.

Source: http://freigeld.blogspot.com/2012/10/why-collection-agencies-arent-immortal.html

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