Palisades Collection Help, Facts and What to do
“How to Free Yourself from The Palisades Collection Account Agency and Repair Your Credit Score Too”
Palisades Collection specializes in collecting delinquent auto loans, cell phone contracts, and credit card bills. They purchase the delinquent accounts for pennies on the dollar from the original creditors.
Because Palisades Collection owns the debts, they get to keep anything and everything that they can get you to pay.
None of the money will go back to the original creditor! Instead, everything is profit for them. Talk about greedy!
For a debt collection agency like Palisades Collection, their situation is virtually no risk and all reward.
Debt agents are paid on commission. It’s not in their interest to negotiate with you, remove interest fees, or lower the debt owed, because doing so would lower their commission. Instead of being nice, reasonable people, bill collectors do everything in their power to harass you and basically be jerks.
If you research Palisades Collection, you will find helpful tips for dealing with debt collection agents.
First of all, you should never try to make friends with the bill collector assigned to your case. It’s important to keep things professional, because your credit score and your reputation are at stake.
Besides, there’s nothing to gain from being friends with the bill collector.
You have virtually no chance of appealing to their emotions, gaining their sympathy, or swaying them from their goal in any way. Bill collectors are immune to this sort of tactic. They have to be, or else they couldn’t do the sort of work that they do.
Next, you need to keep in control of the situation. Don’t be sucked in by small talk. You don’t need to be polite to the Palisades bill collector! You should always be civil, but you don’t need to stay on the phone with them out of politeness. Instead, recognize that their chitchat is solely intended to keep you on the phone, waste your time, and generally annoy you until you pay.
Remember, your time is valuable. Don’t let the bill collectors take your time AND your good credit away from you.
Lastly, if you must negotiate with Palisades Collection, the only thing you should ask for is that they REMOVE their collection items from your credit history.
If collection items are not removed, they can damage your credit for up to seven years! So it’s important to be firm that removal of the collection items is the only solution you will accept.
When you make your demand for the deletion of the collection items, you must do it in writing so there is a permanent record of it. Hiring a credit repair attorney to write your correspondence will vastly increase your chances of getting your demands met and the bad debt removed.
Lexington Law has disputed collection charges and has had extensive experience dealing with Palisades Collection on behalf of their clients.
For example, the website said that Lexington Law had successfully removed 1,748 Palisades credit items from client credit reports.
And that was just in Q2 of 2008!
Lexington Law averages 582 Palisades collection item deletions per month.
That’s 19 deletions per day! Lexington Law can help you too.