Hi Montee,

In my short few days of being a member here, I have learned much and already feel in control of this situation. It is empowering to know that I do not have to deal with nasty agencies who cash in on the uninformed masses because I am now one of the informed.

As someone who takes her credit history seriously, I am so grateful of the knowledge I have garnered from this site. By responding in a professional and knowledgeable manner, nasty agents are forced to conduct an attitude check and remember the laws that govern their profession.

I wrote this in 2007, and it will seems relevant.

Press Release about Canadian Collection Agencies in 2007

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. Unexpected events happen, 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, and 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 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 who are receiving collection calls, feel more in control of their situation. The discussion forum helps them see that there are 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, established in 2005, is a free online resource for Canadian consumers to learn about and discuss the Canadian credit industry. This site is a financial credit forum / blog web site where Canadians can talk about their experiences in dealing with companies in the financial credit industry in Canada such as collection agencies, banks, credit cards companies, credit reporting agencies, and more.

Contact:

Monty Loree
Canadian-Money-Advisor.ca