Know your rights: what to do if you receive a call from a debt collector

  • 📰 GuardianAus
  • ⏱ Reading Time:
  • 61 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 28%
  • Publisher: 98%

Law Law Headlines News

Law Law Latest News,Law Law Headlines

As the cost-of-living crisis drives more people to financial stress, it helps to understand the rules that cover debt collecting

If you have ever received a call from a private debt collector, perhaps demanding payment for an overdue bill you barely remember, you will know that it can feel daunting and rife with potentially serious consequences.

Debt collectors must not misrepresent their identity and you can, if you wish, ask them to keep their contact to your preferred medium, something they are obliged to respect.The ACCC says that can include, for example, giving information to a debtor about their account, making a payment demand, or explaining accurately the consequences of non-payment. Contact must not frighten or intimidate, demoralise, exhaust or embarrass you.

Sign up for Guardian Australia’s free morning and afternoon email newsletters for your daily news roundup For normal consumer debts – think phone bills or gym memberships – you can request copies of contracts and related documents. These must be provided with minimal delay. It is important to remember that this time limit can restart when you acknowledge a debt or make payment on a debt.As you’d expect, there are strict rules preventing debt collectors from using abusive or aggressive language or behaviour to make you pay.Use, or threaten to use, violence or physical force against a debtor.Use abusive, offensive, obscene or discriminatory language.Make disrespectful or demeaning remarks about a debtor’s character or financial situation in life.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in LAW

Law Law Latest News, Law Law Headlines