Showing posts with label debt. Show all posts
Showing posts with label debt. Show all posts
Tuesday, January 18, 2011
Diet pill industry
The diet industry is a multi-billion dollar one, with millions spent on advertising. Advertising is critical, especially in getting celebrity endorsements to encourage consumers to buy their particular product and to believe their's the best. Sometimes cute and catchy names are created, sometimes it's a basic chemical formulation, like phenphedrine, no matter the name of the chemical or the product, without advertising and marketing? Few will know it exists.
Thursday, December 02, 2010
Beware of scam debt collectors
The collection of duly owed consumer debt is vital to maintaining a strong national, state and community economy.
"The fulfillment of a consumer's personal responsibility to pay for a product or service they have agreed to use is vital to helping businesses from Main Street to Wall Street survive," said ACA International Chief Operating Officer Ted Smith, CAE. "Every business day, professional debt collectors are contacting millions of consumers to recover legitimate debts."
In the event a consumer has been contacted and believes it is a scam or has been the victim of a scam, ACA International offers these helpful tips:
Debt collectors must identify themselves and the collection agency they represent when contacting a consumer to attempt to collect a debt.
Debt collectors must send you a letter confirming the name of the creditor and should reference a specific account and basic information about the debt owed.
Talk to the debt collector to verify the debt and resolve the situation, but be cautious when disclosing any personal information. Do not provide or confirm your Social Security number, any bank account, credit card or other personal information until you have confirmed the legitimacy of the collector.
A legitimate debt collector should never harass, use vulgarities or threaten to have you arrested.
"The fulfillment of a consumer's personal responsibility to pay for a product or service they have agreed to use is vital to helping businesses from Main Street to Wall Street survive," said ACA International Chief Operating Officer Ted Smith, CAE. "Every business day, professional debt collectors are contacting millions of consumers to recover legitimate debts."
In the event a consumer has been contacted and believes it is a scam or has been the victim of a scam, ACA International offers these helpful tips:
Debt collectors must identify themselves and the collection agency they represent when contacting a consumer to attempt to collect a debt.
Debt collectors must send you a letter confirming the name of the creditor and should reference a specific account and basic information about the debt owed.
Talk to the debt collector to verify the debt and resolve the situation, but be cautious when disclosing any personal information. Do not provide or confirm your Social Security number, any bank account, credit card or other personal information until you have confirmed the legitimacy of the collector.
A legitimate debt collector should never harass, use vulgarities or threaten to have you arrested.
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