How to Deal with Creditors’ Calls

You’ve stopped answering your phone. You’ve cut it off even. You just can’t take the creditors telling you that you owe them more money. What will you do? It’s time take control of the situation, and get those creditors’ off your back.

Give Them Money – Any Money

Creditors know that you can’t pay your bills. They wouldn’t be calling if you paid your bills. So, when they call, talk to them about how bad your situation really is, and then ask if you can send in a certain amount.

The amount you tell them might not make them happy, but they will enter into the computer that you said you would be sending in some money, which makes them stop calling for at least the rest of the month. Just be sure to send the amount you promise them.

Be Polite – No Matter How Rude They Can Be

While creditors aren’t supposed to be mean to you on the phone, some of them can’t help it. They hate to call number after number being hung up on or shouted at for eight hours a day. You don’t have to give them sympathies, but do remember that their job is difficult, and all they are doing is trying to get the company they work for the money they deserve.

Speak to the creditors slowly and politely. Tell them that you know that you are behind on bills, and that you really wish you were in a different financial position. Ask the person if there is any way that he or she can help you. People naturally want to help, so this invites them to do exactly what they want to do.

If the creditor is extremely rude to you, don’t be shy to ask for respect. Explain that you know his or her job is difficult, but you will not tolerate being treated so poorly.

Ask for a Supervisor for More Help

If you can’t get the creditor on the other line to help you at all, ask to speak to a supervisor. Often times, the person with the most power in the office can give you the power of control over settling your debt.

Ask the supervisor how you can get on a payment plan that works for you. You may even mention that if you were able to reduce your debt by as much as 10 percent, you may be able to pay on it much more easily. The supervisor may just surprise you with a debt settlement that will get those creditors to stop calling.

The More You Avoid – The Faster They Come

You may not want to deal with creditors, but dealing with them is the only way to get them to stop calling you. They want to talk to you, and they will not stop before they do. So, just pick up the phone and face it. You’ll find that it’s not as bad as you think it will be, and you may just end up feeling as though you’re gaining control of your finances.