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How much information do you need to give a collection agency?

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You should never give a collection agency or anyone else any personal information over the phone. You do not give any specifics of your particular situation but it is best to always deal with them by by mail. Then you have a record of exactly what was said and done. Many collection agencies are less than truthful and will say anything to get information from you to enable them to collect.

Never give them your bank account information and consider setting up another bank account at a separate bank if you are making payments.

You have the right to stop them from calling you at home and work. You also have the right to verification of the amount they claim you owe. You should also check the statute of limitations in your state to be sure that the time for collection has not expired.

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First answer by anonymous. Last edit by ID0000000000. Question popularity: 171 [recommend question]

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