Jason, a 22-year old listener, called the show to complain that he was 3 months late on an $850 credit card debt, and his credit card company called his mom to tell her. She call him and gave him heck.
He's mad at the credit card company for violating the law. I agreed that they did, but I told him that the real lesson here is that he can NEVER not pay a credit card bill for 3 months because he's just trashed his credit history and score. That's the real lesson.
Do you agree? Here's what one listener said:
Just wanted you to know that I turned off the radio while you were berating a young man who called in to ask you for your advice. He was asking why a credit card company called his parents to harass them about a debt that he incurred. He is an adult and they violated the fair debt collections act for doing this. Yes, he was late on his payment. No, he is not proud of that fact. But this is the reason that collectors act so outrageously and illegally!! They get what they want when they behave this way. They should not be allowed to get away with these ridiculous acts. Shame on YOU Ilyce for missing the point of the call all together. A fan you will have to win back.
See more articles on this topic by clicking on the "RELATED ARTICLES" above and to the right.
We have over 5000 articles on Real Estate Advice, Personal Finance Advice and Consumer Advice on our site. We encourage you to look at these articles. As always, if you have a comment on our articles, don't forget to post your comment below. We thank you for coming to ThinkGlink.com.
© Ilyce R. Glink. All rights reserved. This content may not be used, distributed, syndicated, compiled or excerpted in any medium or form without written authorization from Think Glink, Inc. For information on syndicating ThinkGlink.com please contact us.
Additional Topics
(View All Topics)consumer advice credit estate planning home buying ilyce glink mortgage mortgage lenders mortgage loan personal finance advice real estate real estate advice real estate agent refinance mortgage selling taxes









Comments
No comments have been posted.