Can Debt Collectors Sell Your Information?
The digital age is truly upon us and while this makes so many things so much easier it also opens us up to possible fraudulent activity. Every time you give your information to an individual or business about you and your financial situation you are giving your contact information a chance to be unveiled. You want to keep your personal information private and that is the way we want it too.
Did you know that according to the “Fair Debt Collections Practics Act”a business cannot use:“…The publication of a list of consumers who allegedly refuse to pay debts, except to a consumer reporting agency…” The way this protects your credit is beyond comprehension for some people, but not so far removed that you should forget about it.
If you do have your personal information sold by the debt collector you are opening yourself up to many problems. You could open up your information to potentially fraudulent people that just want to take your money. The other way around could mean that your information will be synonymous with the collection of your debts for all of you life and keep you from getting approved for additional credit.
Forget about your debt problems now, contact the experts at Debt Solutions and Lending today by phone at 877-246-3450 or by email at help@debtsl.com.