In today's video, I'll explain why you should not pay collections, and when you should. All my recommendations https://bit.ly/naamwynn

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In fact, I have seen this play over and over again. Too many people are paying collections accounts will do are not required to. Don't let debt collection agencies harassing you on debt that they have no right to collect.

With that said, here's what you learn in today's video.

First, I'll go over what are charge offs and collection accounts, and what they mean to you. I will next cover what debt collections can and cannot do. It's very important to know your rights.

Next, I will share with you exactly what do you need to do when receiving debt collectors. You have to be very careful about how to handle them. One mistake can ruin your chances to successfully dispute this collection account. Before verifying the debt is your make sure you know the statute of limitations in your state. Legally, after a period of time debt cannot be collected.

Lastly, I will share with you tactics on how to deal with collectors and get negative marks from your credit report.

Enjoy!

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Watch My Other Credit Card Videos Here

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DISCLAIMER:
This video and description contain affiliate links, which means that if you click on one of the product links, I’ll receive a small commission. This helps support the channel and allows us to continue to make videos like this. Thank you for your support! This video is for entertainment purposes only. I am not a legal or financial expert or have any authority to give legal or financial advice. While all the information in this video is believed to be accurate at the time of its recording, realize this channel and its author makes no express warranty as to the completeness or accuracy, nor can it accept responsibility for errors appearing in this video.