Confessions of a Debt Collector

CONFESSIONS OF A DEBT COLLECTOR

By Marlon Wilkes www.superiordebtconsulting.com A Wilkes Industries LLC Company

Table of Contents 1.Chapter 1-why I created this. 2.Chapter 2-inside the collections industry. 3.Chapter 3-How to stop collection calls and letters. 4.Chapter 4-FDCPA Law. 5.Chapter 5-frequent reasons for lawsuits. 6.Chapter 6-Why never to use debt consolidation companies.

Chapter 1 Why I created this

This ebook was created to educate consumers on how the collections industry works and how to apply the knowledge to help with personal debt. I have worked for years in collections collecting on payday loans, credit cards, personal loans, auto loans and more. When my experience and knowledge is applied, you will be able to better understand the person on the other side of those collection calls and utilize my information to handle your debts without stressing. Some of the information found in this ebook can be found online by those looking to do a lot of research, but much of it is just first hand knowledge. I would like to say thank you for your purchase and enjoy reading.

Sincerely, Marlon Wilkes

Chapter 2 Inside The Collections Industry

I have worked for years in the collections industry in Atlanta Georgia. In this chapter I will give you background information so that you can understand how things work. The biggest complaint consumers have about third party collection agencies and bill collectors is that some of them are rude and aggressive. I have worked along side as many as 100 collectors at a time. The typical collector is paid hourly between $9.00-$18.00 an hour plus commission. As a collector, the key to your well being is getting a commission check, commonly referred to as a bonus. A collector will have a monthly goal to hit based upon their total collecting for the month. For example, a collector may have a gross goal of $10,000 they must collect per month. Once that goal is hit they will receive a percentage of any money they...