All too often people read the advice to always request debt validation when they hear from a collection company of any kind. This is consistently some of the worst debt advice I have seen on the internet, and that is repeated over and over by seemingly credible sources but also perpetuated by scammers!
Debt validation letters have a place, most definitely! But telling people to exercise their legal rights found in the FDCPA section 1692g, no matter what the situation, gets people sued, and often leads to limited resolution options later on, that most would have preferred to keep open if they only knew NOT to send validation letters indiscriminately.
Debt validation scams are rampant, and this awful advice often just further supports the scammers.
Learn how to validate your debt without messing up your options for resolving that debt affordably later on.
SHARE THIS VIDEO: https://youtu.be/8aUy5xqh-RQ
SEE RELATED VIDEOS:
Here is video #1 in the debt validation scam series about what debt collectors must provide when you request it: https://youtu.be/WIsex4sjxMw
Here is video #3 in the debt validation scam series that exposes the grift and what to watch out for: https://youtu.be/DdYiLyGAV-I
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Michael Bovee started CRN in 2004 with a mission to provide people in need with detailed credit and debt help. The DebtBytes Channel is an extension of the CRN blog, and is dedicated to finding the debt relief option or strategy that works best for you.
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