MoneyWise | March 7, 2019

How to Deal with Debt Collectors

Show Notes

If it’s ever happened to you, you know how demoralizing it can be - getting a call from a debt collector can make you want to crawl into a hole. You might feel intimidated even if you don’t owe the debt. But debt collectors have to follow certain rules. They can’t harass you, so it’s important to know your rights. On this Moneywise, Rob West and Steve Moore tell us how to deal with abusive debt collectors. 

Next, they answer your questions at (800) 525-7000 and about the following:

  • If you set up a 529 account for your grandson a few years ago, what else can you do with the money if he's not going to use it?
  • If you're 62 and have been looking for a job for the past several months because medical bills and injuries have left you in a real financial crisis , should you take Social Security now?
  • What is the best short term saving option for your son who is about to graduate high school soon?

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