Collection Agencies Calling More And More Often As Economy Suffers Part One

Things are not going so good for this nation. The economy is down in the dumps, and Americans are losing jobs by the barrel-ful. Marketing is as strong arm as ever, making our citizens believe that they absolutely MUST have the next big “thing” – whatever it may be, whether it be a cellphone or a computer. All of the next big THINGS have updated versions which are bigger and better, which means that the time to purchase is NOW.

Instead of saving for that cellphone that you are on a waiting list for, if you are the typical American you are more prone to buy now, and worry about paying later. Then maybe you lose your job, or those hours at work you were depending on get cut down drastically. Now you find that you are in a heap of debt that you cannot pay off, and that debt collector is calling. And calling.

It is a simple fact that more people have neglected their payments and let their accounts go delinquent, while companies, who are also suffering, have become more ardently focused on collecting on those overdue accounts or selling them off.

That’s where the collection agents step in. According to experts in the field, customer complaints of threats of violence, calling at inconvenient times and cursing have increased in parallel with one another. On the other hand, complaints about repeated calls have skyrocketed from 15,000 to 41,000 far outranking other complaints. As a rough estimate, during this same time period, complaints about violence only rose from 2,000 to 4,000, obscene language from 8,000 to 15,000, and inconvenient calls from 2,500 to 10,000.

From a personal perspective, my mother had just finished up letting me know just last week that a store credit card bill that she had was about to be due, and the store anticipated her payment to be late. She received multiple calls a day, every day, starting at eight in the morning, and ending at eight thirty at night. To Be Continued In Part Two…

Mallory Megan works for Uk marriage visa Rapid Recovery Solution and writes articles on medical Uk marriage visa collection agencies.

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