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Defaulted Cash Advance Loan Collections Heat Up During Tax Season

Debt collectors will be vamping up their contact opportunities the next few months.  It is tax season and many taxpayers will be expecting a refund. If the collectors are working for the IRS, student loans or it is the state trying to collect back child support, then there will be no tax refund coming your way. Debt from credit cards, cash advances and medical bills will be seeking out a piece of your tax return.

Cash advance lenders will try to collect on missed payments.

Debt collectors are not alone in their thinking. It has been past practice of utility companies to step up on collections during this time period as well. When people face having their utilities shot off, tax season brings an answer to their unpaid bills – a tax refund. Many credit companies as well as cash advance lenders will have their own “soft “collections department in order to salvage their money, but once it gets turned over to a collections agent, “hard” collections practices are turned on.

Collections agents are trained to utilize any manor within the law guidelines. An successful agent is never passive. It takes perseverance and opportunistic approaches to collect on unpaid debt. So now it is tax season, and companies are bringing on temporary help in order to collect as much as they can from people’s tax returns.

I found want ads for temporary collectors which could lead into full-time employment opportunities if a person is successful. Required skills have more to do with knowing how to run computer software and office equipment than anything else. Desired skills list is a bit longer, and how many you fit into would insure you a better position at getting the job.

  • Can you multitask? It seems like this is a great desired skill to have in order to collect money.
  • Do you pay attention to detail?
  • Are you self-motivated?
  • Does money add to your motivation?
  • Are you creative? You may need to think on your toes in this job.
  • Do you have assertive communication abilities? (I like the word assertive here. A collector cannot be passive and aggressive is illegal.
  • Good reading and writing skills help. Communication is often done through email and letters. As obvious as this is a requirement, good skills in this department is well-desired.
  • Are you computer proficient? The more you are able to do without guidance is always a plus, but no one expects a computer tech to apply for the job.
  • Have experience searching the internet? Finding people, telephone numbers and addresses will require the use of target item searches. The more experience you have the better.
Now that you know what kind of people collections’ agencies are looking for, you will start seeing the person on the other end of the line as someone just doing their job, not the predators they are described as. It makes sense those collections agencies would vamp up their collection’s ability during this time. Chances are good that people who fell behind on debt did not choose to miss payments, but had it happen out of necessity. Now that these good conscience folks have some money, the collectors have a better chance of getting a piece of it by upping their communication. Expect more calls, emails and letters from those trying to collect on any cash advance and credit debt. If you owe, they will find you to attempt to collect.

 

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