What Are the 11 Words in Credit Secrets? Uncovering the Myth Behind the Phrase

The notion of an 11-word secret phrase that can stop debt collectors in their tracks is an intriguing one But does this supposed Credit Secrets trick really hold power? I investigated the origins of this urban legend to uncover the truth

The Mysterious 11 Words

For years, the 11-word phrase “Please cease and desist all calls and contact with me immediately” has floated around the internet as a kind of magic spell. Supposedly, simply uttering these words could halt debt collectors and eliminate your problems.

Too good to be true? Absolutely. The 11-word phrase is based on some consumer rights, but it has been blown out of proportion and given the wrong meaning.

To understand the real story we have to go back to the beginning.

Where Did the 11-Word Myth Originate?

John Ulzheimer, a credit expert, went on the Larry King show in 2008 to promote his book Credit Secrets. He lied in the interview when he said that the book had an 11-word phrase that could stop collectors.

This was a savvy marketing ploy, not an actual Credit Secrets secret. Nevertheless, the 11-word myth took on a life of its own.

Fueled by dubious blogs and questionable “gurus,” the phrase spread across the internet as a miraculous debt solution. But no magic words can erase obligations or prevent legal action.

Your Actual Rights and Protections

The 11 words don’t have any special power, but they do point to real rights that consumers have under the Fair Debt Collection Practices Act (FDCPA).

You can tell debt collectors to stop calling you by sending them a “cease and desist” letter under the FDCPA. Once received, they legally must comply.

However, this won’t make debts disappear. You could still face credit damage or lawsuits. At best, it will provide temporary relief from harassment.

For lasting protection, understand your full rights under the FDCPA:

• Collectors can’t use abusive language or false statements.
• You can dispute debts and force validation.
• Collectors must respect your chosen contact methods.
• You can request no further contact in writing.

Alternatives That Offer More Control

Rather than cutting off communication, you may want to explore alternatives:

• Negotiate a settlement: Offer less than the full amount owed.
• Request a payment plan: Set up smaller installment payments.
• Seek professional help: Turn to credit counseling or attorneys.

With the right guidance, you can resolve debts responsibly while protecting your rights.

The Bottom Line

While the mythical 11-word Credit Secrets trick is essentially bogus, the phrase points to the very real protections offered by the FDCPA. Arm yourself with knowledge, seek trustworthy assistance, and take control of your financial fate.

Magic words won’t eliminate debt, but an empowered, proactive approach can help you find the optimal solution. Understand your rights, weigh all options thoughtfully, and make strategic choices. With the facts in hand, you can emerge wiser and more resilient.