Debt collectors can seem like the worst. While on one hand, you feel guilty that you’re in debt and haven’t been able to pay, you also can feel victimized when they won’t leave you alone. Some of these debt collections agents can get belligerent and even be...
A recent report by the Consumer Finance Protection Bureau (CFPB) highlights the ongoing problem of debt collection practices and the high number of complaints debt collectors produce through their unethical, often illegal tactics. The federal agency accepts complaints...
The Fair Debt Collection Practices Act prohibits third party debt collectors from engaging in abusive, threatening and harassing behavior. While violations can result in statutory damages of up to $1,000, many consumer victims don’t know that they may also be...