topic Re: Can a creditor come to your house? in General Credit Topics

Can a creditor come to your house?

Anonymous — Wed, 11 Jul 2007 17:42:43 GMT

Last year I got behind on a installment loan (from a payday loan company but you pay once a month). I was about 15 days behind when my doorbell rang. I looked out my window and the guy from the office was there. I did not answer the door. I was actually scared. Is this harassment or what? I eventually paid it off and will never deal with them again. Was this harassment and could I have done anything about that?

Re: Can a creditor come to your house?

chartley3 — Wed, 11 Jul 2007 17:44:34 GMT

That is a real grey area. I know Beneficial was known for coming to the front door to collect on debts. What I have told people is if they feel threatened call the Police and have them escorted off your property.

Re: Can a creditor come to your house?

Anonymous — Wed, 11 Jul 2007 17:51:59 GMT

umm..maybe he came there for some other purpose?

Re: Can a creditor come to your house?

Anonymous — Wed, 11 Jul 2007 17:52:20 GMT

Right at the time I was leaving cap1 auto finance, they were implementing field calls. I was told a non-mortgage creditor can come to your house once in 90 days. Same privacy rules - no info can be given to anyone but the account holder or a person designated by the account holder.

Ofcourse, a big comapny like Cap1 is going to follow the rules a little coser than, say -- Acme Loan Sharks, LLC.

Re: Can a creditor come to your house?

Nick777 — Thu, 12 Jul 2007 21:05:05 GMT

Sounds like the best reason to answer the door cocking a double-barrel shotgun...click, click...can I help you?

Re: Can a creditor come to your house?

Calamity — Thu, 12 Jul 2007 21:25:34 GMT

monro411 wrote:
Last year I got behind on a installment loan (from a payday loan company but you pay once a month). I was about 15 days behind when my doorbell rang. I looked out my window and the guy from the office was there. I did not answer the door. I was actually scared. Is this harassment or what? I eventually paid it off and will never deal with them again. Was this harassment and could I have done anything about that?

Yes they can do this. It happened to me several years ago when I defaulted on a line of credit account (overdraft protection) with my local bank.

Re: Can a creditor come to your house?

Anonymous — Thu, 12 Jul 2007 21:48:12 GMT

Wow. If you tell them to leave and never to return they can never come back, right?