'We're not all the boogeyman': How this debt collector is trying to change his industry's bad rap

  • 📰 CNBC
  • ⏱ Reading Time:
  • 55 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 25%
  • Publisher: 72%

Business News News

Business Business Latest News,Business Business Headlines

'We're not all the boogeyman'. Here's how this debt collector is trying to change his industry's bad rap.

, about how debt collectors can actually be helpful when you're stuck in debt and don't know what to do.

But can we really move on from our past and see debt collectors as allies? Corlyon says yes, and ahead, he presents three arguments for how he's trying to change the bad perception of debt collectors:Lesson number one in reframing your view of debt collectors is understanding how they're paid. Most of the time, they have less skin in the game than your original creditor, Corlyon argues.. "The creditor is the one that's waiting for that money to come in.

So you have real incentive to work with the debt collector and figure out a plan to get your finances back on track. If you currently have debt in collections, remember that you have rights. Ask questions if you don't understand your debt, speak up if the debt isn't yours and don't be afraid to set boundaries around when you may or may not be contacted. Theprovides a lot of resources when you're navigating debt collections, including scripts you can follow for what to say. You do have rights, and it's important to understand them before you agree to any repayment plan.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Thanks to bernardolezka for turning my investment of $1,000 into mind blowing profit of $6,000 I'm grateful for your good job sir🙏🙏

😂😂😂😂😂

I did my research properly I must confuse nobody handles my business like you do, I’m privileged to work with you .you’re indeed one of the best trader Tonyfred42

I get daily calls from collection boogeymen for a woman I don't know, who obviously made up a phone number on applications, even though I tell them I don't owe anybody a dime. They are Boogeymen.

that man's name is Jacob Corlyon of Capital Collection Management and he should be ashamed

This is the epitome of tonedeaf. Editors actually allowed this to publish - those editors need to be evaluated. Wow, this is bad.

Debt collectors are by nature the scum of the earth. If you try to spin that otherwise you’ll completely change the profession. Sorry guy, that’s the career you chose and your career is hated by everyone ain’t no way else to spin it.

Did a debt collector write this

There is no way to reframe debt collectors. They are henchmen who work for villains.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in BUSİNESS

Business Business Latest News, Business Business Headlines