Looking to stop debt collectors from constantly contacting you about a debt? Writing a cease and desist letter is an option. While this helps stop calls, it doesn't make the debt go away (or help your credit). You can improve your credit (& boost your score) w/help from a credit repair pro like Credit Glory.
What is a cease and desist letter?
Getting contacted by debt collectors is scary (& stressful). Want to stop the calls but not sure what to do? Writing a cease and desist letter is a good option. A cease and desist letter stops the calls, but it doesn't cancel the debt. That means it stays on your credit. If you're looking to improve your credit, disputing inaccuracies with help from a pro like Credit Glory is an easy option.
When should you send a cease and desist letter?
Nobody wants to be constantly contacted about debt. It's disrupting and stressful. If you're at your wit's end with debt collectors, it might be time to write a cease and desist letter. How do you know it's time to write one?
- Your rights under the FDCPA are being violated
- The collection agency is contacting you at work
- The creditor is threatening action they can't take
What to include
To make sure your cease and desist letter is effective, be sure to include:
- Your full legal name and address
- The collection agency's name and address
- Account number
Make sure you don't acknowledge the debt is yours but rather ask that the collection agency prove it's yours. This way, if they don't provide evidence, it's your debt, you can dispute it and have it removed.
Pros & cons of cease and desist letters
Using a cease and desist letter to remove negative items is an option for dealing with debt collectors. Like everything, there are pros and cons to cease and desist letters.
- It's easy to do - Writing a cease and desist letter is easy and can be done quickly. You can even find templates online to help you get started.
- Stop getting harassed about debt - Being hounded about debt is stressful and disruptive. One of your rights under the FDCPA is your right to request collection agencies stop contacting you.
- Peace of mind - Constantly dealing with debt collectors means you can't focus on what's important. Because collection agencies have to honor it, cease and desist letters help give you better peace of mind (& less stress).
- Collection agencies might take you to court - While cease and desist letters stop collection agencies from contacting you, they can still collect on it. In fact, they may even decide to pursue legal action to recover the debt.
- There are more effective methods - Cease and desist letters aren't necessarily the most effective ways to protect your credit. You're likely to be more successful disputing unverified debts yourself or with help from a credit repair company (like Credit Glory).
So should you write a cease and desist letter?
Writing and sending a cease and desist letter is an option for having negative items removed. However, their low success rate means you might want to explore other options. Identifying and disputing errors on your credit report is often a more effective way to improve your credit. And it's even easier with help from an experienced credit repair company (like Credit Glory).
Boost your score with Credit Glory
Disputing negative items on your credit report is hard work! It takes a lot of time, effort, organization, and follow up. The good news? Our team of credit repair professionals is here to simplify everything! Let your dedicated credit repair expert relieve you of the stress, hassle, and time needed to fight your inaccuracies and boost your credit score (FAST!)
Credit Glory is a credit repair company that empowers consumers with the opportunity and knowledge to reach their financial dreams in 2021 and beyond.
Call us at (855) 938-3044 or set up a consultation to get started, today!