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outriggal
Posts: 14
Registered: ‎07-17-2010

A creditor called my husband at work today. He is not happy. What should I do?

Would you individually call each cc company and tell them not to contact you at work or send a certified letter? He told the guy who called him at work never to call him again at work. Funny they even called. We are only 60 days late and they have only called the house phone once.

 

What is the best way to handle this?

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bunnyrabbit
Posts: 1,413
Registered: ‎01-20-2008

Re: A creditor called my husband at work today. He is not happy. What should I do?

[ Edited ]
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Creditaddict
Posts: 18,811
Registered: ‎10-23-2007

Re: A creditor called my husband at work today. He is not happy. What should I do?

60 days late, take this opportunity to get on a financial hardship program with the company, many will reduce your interest to 5% or less and lower your monthly payments for at least a 12 month period if not longer.  It will stop the fees, the calls, and negatives reporting to your credit.

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pmbrian
Posts: 81
Registered: ‎10-12-2010

Re: A creditor called my husband at work today. He is not happy. What should I do?

I agree with the previous poster, what troubles me is that you say "only 60 days late" take action before it becomes 90 or 120....it is just easier to talk with them, they will work something out with you it is cheaper for them in the long run.

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Pushto700
Posts: 267
Registered: ‎07-28-2009

Re: A creditor called my husband at work today. He is not happy. What should I do?


Creditaddict wrote:

60 days late, take this opportunity to get on a financial hardship program with the company, many will reduce your interest to 5% or less and lower your monthly payments for at least a 12 month period if not longer.  It will stop the fees, the calls, and negatives reporting to your credit.


+1


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Creditaddict
Posts: 18,811
Registered: ‎10-23-2007

Re: A creditor called my husband at work today. He is not happy. What should I do?

USBank contacted me in 5 days after missing my payment... 60, your already to far... it's reported at least a 30 day late on your credit now... don't let it go further :smileyhappy:

Fico Scores: EQ 639 Navy, TU 665 GE, EX 677 Prosper (07-09-14)
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RobertEG
Posts: 17,456
Registered: ‎03-19-2007

Re: A creditor called my husband at work today. He is not happy. What should I do?

 Unfortunately, if it is an original creditor, there are no fed statutes that prevent contact with their customers.

If it were a debt collector, there a lot of things you can do under the FDCPA.  But the FDCPA does not apply to OCs.


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