I just sent this press release out.
Canadian Collection Agencies Feeling Heat from Canadian-Money-Advisor.ca
Regina, SK, April 18, 2007
http://www.canadian-money-advisor.ca - Canada's #1 credit discussion forum and blog today has been helping Canadians better understand how to better deal with collection agencies, and not feel intimidated if they do get a call from one. Collection Agencies work for Canadian creditors such as banks, loan companies, and credit card companies and help them reduce their losses by collecting outstanding receivables.
Most Canadians are very diligent paying their debts on time and as agreed to with their creditors. On occasion, individuals experience unexpected events, such as health issues, job loss and business down turn in the family. Such unfortunate events make it difficult for these otherwise diligent individuals to make their regular debt payments. Missed payments can trigger calls from collection agencies whose business it is to collect money. Many times collection agencts are not be sympathetic to the individual's circumstances.
Monty Loree, CEO of Canadian-Money-Advisor.ca, explains how his site is helping Canadians properly deal with collection agencies: "Canadian-Money-Advisor.ca has open discussion on our credit forum where people share ideas and experiences about collection agencies. Visitors talk about the actions of collection agents and collection agencies and specifically what individuals can do if they feel the collection agencies are not behaving within their provincial regulations."
Further, Monty Loree explains: "Canadian-Money-Advisor.ca's goal is to help Canadians, feel more in control of their situation if they get a collection call. The discussion forum helps them learn that there are provincial regulatory bodies they can contact if they are feeling harrassed by the collection agent."
One example we're seeing - Telephone marketing scams / mail scams:
Monty Loree continues: "A problem that I'm seeing is where an individual is, in one form or another, being contacted by an unknown collection agent. Individuals are worried about telephone marketing scams, internet scams and identity theft. These individuals are starting to demand proof that the collection agent calling is actually licensed and legitimate, and under contract with a legitimate creditor."
Individuals who are receiving collection calls are urged to visit:
http://www.canadian-money-advisor.ca/category/collection-agencies.html. Here they'll find a vast resource of information which will better help their deal with Canadian collection agencies.
About Canadian-Money-Advisor.ca
http://www.canadian-money-advisor.ca, is a free online resource for Canadian consumers to learn about and discuss the Canadian credit industry, including collection agencies, credit bureaus, creditors and more.
Contact:
Monty Loree
Canadian-Money-Advisor.ca
PH: 306-949-9511
Canadian Collection Agencies Feeling Heat from Canadian-Money-Advisor.ca
Regina, SK, April 18, 2007
http://www.canadian-money-advisor.ca - Canada's #1 credit discussion forum and blog today has been helping Canadians better understand how to better deal with collection agencies, and not feel intimidated if they do get a call from one. Collection Agencies work for Canadian creditors such as banks, loan companies, and credit card companies and help them reduce their losses by collecting outstanding receivables.
Most Canadians are very diligent paying their debts on time and as agreed to with their creditors. On occasion, individuals experience unexpected events, such as health issues, job loss and business down turn in the family. Such unfortunate events make it difficult for these otherwise diligent individuals to make their regular debt payments. Missed payments can trigger calls from collection agencies whose business it is to collect money. Many times collection agencts are not be sympathetic to the individual's circumstances.
Monty Loree, CEO of Canadian-Money-Advisor.ca, explains how his site is helping Canadians properly deal with collection agencies: "Canadian-Money-Advisor.ca has open discussion on our credit forum where people share ideas and experiences about collection agencies. Visitors talk about the actions of collection agents and collection agencies and specifically what individuals can do if they feel the collection agencies are not behaving within their provincial regulations."
Further, Monty Loree explains: "Canadian-Money-Advisor.ca's goal is to help Canadians, feel more in control of their situation if they get a collection call. The discussion forum helps them learn that there are provincial regulatory bodies they can contact if they are feeling harrassed by the collection agent."
One example we're seeing - Telephone marketing scams / mail scams:
Monty Loree continues: "A problem that I'm seeing is where an individual is, in one form or another, being contacted by an unknown collection agent. Individuals are worried about telephone marketing scams, internet scams and identity theft. These individuals are starting to demand proof that the collection agent calling is actually licensed and legitimate, and under contract with a legitimate creditor."
Individuals who are receiving collection calls are urged to visit:
http://www.canadian-money-advisor.ca/category/collection-agencies.html. Here they'll find a vast resource of information which will better help their deal with Canadian collection agencies.
About Canadian-Money-Advisor.ca
http://www.canadian-money-advisor.ca, is a free online resource for Canadian consumers to learn about and discuss the Canadian credit industry, including collection agencies, credit bureaus, creditors and more.
Contact:
Monty Loree
Canadian-Money-Advisor.ca
PH: 306-949-9511
