Social media is very popular. Facebook is the undisputed leader, but Instagram can also boast a large group of users. These types of platforms undoubtedly have their advantages, but you also need to remember to use moderation and restraint. Otherwise, we may face negative consequences. The more that an increasingly common method of debt collection is collected via Instagram. What is it about?
How does Instagram work?
Most social media has a theme. In the case of Twitter, these are short text messages, TikTok – videos, and Instagram – photos. Many people share photos not only of their own but also of monuments visited during trips, books read, newly purchased items, or cooked food.
At first glance, it would seem that there is nothing wrong with that. However, we must remember that by publishing this type of photos, we provide third parties with a lot of information about us – specifically, it is about data about our beliefs, preferences, location, and property status.
What is Instagram debt collection?
A common argument faced by debt collectors who want to recover the debt is: I have no money, I do not work, I cannot settle the debt.
You may find that the allegedly poor person has just been on a trip abroad or bought a new car. Such information is very valuable for the debt collector and can check that he will not want to settle the matter amicably.
We may wonder if the collection via Instagram is legal. Because we publish photos on this platform of our own free will and they are publicly available, it is completely allowed to derive data from them regarding our property status. We can avoid this by opting out of social media, being careful about the photos we publish, or setting your profile status to private.
Who deals with Instagram income verification?
It is worth knowing that more and more often it is not people, but artificial intelligence that analyzes social media profiles in terms of certain information. As you can easily guess, its efficiency and speed of operation are many times greater than that of human workers. However, it is still not a very cheap and readily available technology, so most debt collectors may not have access to it.
Therefore, professional skip-trackers who specialize in obtaining this type of data, as well as regular employees of debt collection companies, can browse the profiles. Interestingly, profiles in social media are also familiar to officials – a photo from holidays taken during sick leave may become the object of interest for ZUS.
Debt collection via Instagram – summary
We often do not think about the meaning of the data we leave on social networks, because we do not think that it can fall into the wrong hands.
The truth is, however, that more and more companies across industries are realizing the power of social media and are using it in innovative ways that will not always be beneficial. One is Instagram debt collection, which is not standard nowadays, but it is likely to be gaining more and more popularity in the next few years.