With Americans struggling with decades-high inflation and other economic uncertainties, millions have turned to debt to make ends meet. Adding to the stress of many are seemingly endless calls from aggressive debt collectors.
“Nobody should be afraid to pick up their phone or be on the receiving end of bullying or threatening language. But relief is much closer than many people may think,” said Amy Maliga, a financial educator with Take Charge America, a nonprofit credit counseling and debt management agency. “When you understand how debt collection works, you can leverage that knowledge to find peace of mind as you work to become debt-free.”
The Fair Debt Collection Practices Act (FDCPA) protects individuals from debt collector harassment and dictates how collection agencies can interact with people. To help individuals regain control of debt collector calls, Maliga shares five key actions to take:
About Take Charge America, Inc.
Founded in 1987, Take Charge America, Inc. is a nonprofit agency offering financial education and counseling services including credit counseling, debt management, student loan counseling, housing counseling and bankruptcy counseling. It has helped more than 2 million consumers nationwide manage their personal finances and debts. To learn more, visit takechargeamerica.org or call (888) 822-9193.
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Tim Gallen
Aker Ink
(480) 335-6619
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