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What Debt Collectors Can and Cannot Do in Indiana

Sawin & Shea

Many individuals experience unwanted contact from debt collectors and are unsure how to approach the situation. Businesses or individuals who collect debts on behalf of others are known as debt collectors. The majority of debt collectors work for reputable collection companies. False Statements.

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Things Debt Collectors Are Forbidden to Do

Sawin & Shea

Whether you have missed a single payment somewhere along the line or are delinquent on several payments, the last thing you want is to be harassed by debt collectors. The FDCPA applies only to debt collectors (the third-party collection agencies), not to the original lender. We are ready to help.

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What Is Zombie Debt and Why Is It a Problem?

Credit Corp

That makes it harder to get new credit. How Can You Protect Yourself From Zombie Debt Collectors? But the answer to slaying zombie debt isn’t so simple. How you protect yourself against zombie debt collectors depends on why the debt is sticking around or coming back to life to begin with.

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How To Remove Negative Items From Your Credit Report

Better Credit Blog

Other Factors: Keeping a mix of different types of credit — a student loan, a couple credit cards, a car loan, and a mortgage, for example — will help your credit score some. Limiting new credit applications can help, too. How to Monitor Your Credit to Detect Inaccuracies.

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Data Protection is Critical in Debt Collection: GLBA, Consumer Trust, and Best Practices to Protect Your Business

True Accord

Not only are data breaches costly because of the notification provisions, including providing credit bureau monitoring, it can be difficult for a company to survive after a breach. It is not unusual for a company to file bankruptcy after a data breach.

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The Fair Debt Collection Practices Act

Collection Industry News

THE Fair Debt Collection Practices Act (FDCPA) is a federal law that was enacted in 1978 by the United States Congress to protect consumers from abusive debt collectors. Note, however, that the FDCPA applies only to third party collectors who collect debt for original creditors. In short, you owe Pres.

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How to Get Something Off Your Credit Report

Credit Corp

This information appears on your credit report and can be particularly difficult to remove. Furnishers are banks, debt collectors, and others that report the information that shows up on your credit report. A clerical error or data issue with the furnisher can mean an error getting passed on to your credit report.