Collection Matters Can Negatively Impact Your Life
Let’s talk about some of the negative effects of collection matters:
1. Firstly, it is very stressful dealing with collectors and their constant phone calls. Although collection agencies have to abide by consumer protection laws, the laws are fairly loose around the number of times they can call you and when they can call you. The constant calls from collectors can take a toll on you and your family members;
2. This same stress can cause you to make poor financial decisions, such as taking out payday loans, that will eventually lead you to fall behind on your bills even more;
3. Can quickly destroy your credit; not allowing you to borrow from banks or at reasonable rates.
urLoan is here to help. We take the time to understand our customers and offer help when it makes sense for you. If you found yourself stuck with one or several collection matters, please call 1-855-723-5626.