Is it a Debt Collector or a Scammer?
Consumer advocates urge caution when dealing with collectors
According to the consumer advocacy attorneys at Finn Law Group, debt collection scams may be on the rise. The attorneys cite a report from the Better Business Bureau and highlight ways consumers can protect themselves from potential scams.
Debt Collection Scams On The Rise (finnlawgroup.com)
Warning Signs
One red flag is if the debt collector refuses to give you information about the debt or the company they are representing. Another is if the debt collector demands that you pay the debt immediately, in full, and in cash. And finally, if the debt collector threatens to have you arrested or to sue you if you do not pay the debt, this is a definite sign that it is a scam.
If you think the so-called collector might be a scammer, ask for all the information about the debt in writing.
According to Finn:
