Collection Agencies Lie About This! скачать в хорошем качестве

Collection Agencies Lie About This!

What if I told you collection companies are NOT allowed to increase your debt, even if they threaten you with letters, calls, or interest charges? This happens all the time. People panic after receiving a notice that their balance has increased, and they assume there is nothing they can do. The truth? In many cases, that increase is illegal. In this video, we break down: How collection companies actually make money Why do they lie about increasing balances What you legally owe and what you do not Why everything must be in writing How Canadian consumer protection laws work by province What to do if a collection company cannot prove the debt Collection agencies buy debt for pennies on the dollar. If they can scare you into paying the full amount or more, they win big. Most consumers do not know their rights, and that is exactly what these companies rely on. If you are dealing with collections, the key is proof. No proof of debt means leverage. Verbal promises mean nothing. Everything must be documented. If you are unsure whether a collection account is being reported correctly or legally, do not guess. Educate yourself or get help. If collection accounts are hurting your credit and you are not sure what to do next, reach out to us. 📧 Email us at info@kennyjohnsonuniversity.com We offer full consultations across all Canadian provinces and will walk you through your options step by step. Like this video if you learned something. Subscribe for more credit education that actually protects you. Drop a comment if you have questions about collections in your province.