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Ask Doctor Debt Aims To Educate The Public On Financial Literacy And Debt Collections
Written by Jonathan Summers   
Thursday, 11 March 2010 09:15
It is about time that someone stepped up in an endeavor to enlighten the public on legal debt collection practices and general financial literacy. With a innumerable amount of imitation debt collectors throughout the United States preying on innocent consumers, Ask Doctor Debt serves to cure this ever growing situation by giving consumers an outlet in which to ask questions in relation to their rights and any and all debt related questions.
by JonathanSummers


It is about time that someone stepped up in an endeavor to enlighten the public on legal debt collection practices and general financial literacy. With a innumerable amount of imitation debt collectors throughout the United States preying on innocent consumers, Ask Doctor Debt serves to cure this ever growing situation by giving consumers an outlet in which to ask questions in relation to their rights and any and all debt related questions.

The ACA International Education Foundation is a nonprofit organization whose continuous purpose it to improve financial literacy among the non-financially savvy. Also known as the Association of Credit and Collection Professionals, ACA International is a fundamental resource for all those in the credit and collection industry and not just for consumers. This association circumscribes over 5,500 members throughout the world including attorneys, creditors, collection agencies, and asset buyers to name a few.

Ask Doctor Debt is the ideal solution to this ever developing issue. The ACA International Education Foundation created this user friendly website in an effort to educate consumers with this fast, effortless, and free solution. In order to do so, the website intermixes a typical question and answer article segment into the online universe by enabling users to search conventional questions and answers in a diverse database, ask their own anonymous questions for more experienced members to answer, and research tools and tips on assisting average consumers get out and stay out of debt.

John Nemo, ACA Internationals Public Relations Director commented on the new Ask Doctor Debt initiative by simply stating that an enlightened consumer who understands his or her rights and responsibilities when it comes to the credit and debt collection process is far easier to work with than someone who does not.

In addition, dealing with debt and credit issues can be an emotional and sometimes intimidating process. It doesn't need to be. If you know your rights, fully perceive the situation you're in and what choices are available, you can avoid unnecessary stress while making the best decision for you and your family's financial well being.

ACA Internationals Ask Doctor Debt is a solid effort at educating the public and helping collection agencies in the process. It aims to not only protect consumers from fraudulent debt collection companies with illegal practices but also to assist those reputable collection agencies in handling consumers that are more knowledgeable in the debt collection field.

About the Author:

Mallory Megan works for a collections agency that works with a debt collection lawyer. She also composes stories on business, finance, the credit industry and collections agencies.