If you are dealing with overdue payments on your credit cards, medical bills or other debts, you may already dread when your phone rings. In fact, like many in Minnesota who are under the same pressure, you may avoid those calls or even block them.
Debt collectors must follow strict rules under the Fair Debt Collection Practices Act, but even when they abide by those laws, such calls may still be uncomfortable and upsetting experiences. However, you may be able to use those calls to your advantage if you are willing to try negotiating with the debt collectors. After all, many creditors prefer getting something from a borrower to getting nothing at all. Negotiating with creditors is a delicate operation that may take courage, persistence and knowledge of your rights.