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Debt Collection Horror Stories

National Service Bureau

According to the Consumer Financial Protection Bureau there were 38,751 Debt Collection complaints filed in 2014, a 67% increase from the average rate in 2013. It is especially relevant when dealing with sensitive issues such as student debt or medical billing, where the circumstances are oftentimes out of the debtor’s control.

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How To Deal with Debt Collectors When You Can’t Pay

Better Credit Blog

Therefore, you’re in a good position when you tell the debt collector you are aware of The FDCPA and that any violation will be documented and forwarded to the Federal Trade Commission (FTC) as well as the Consumer Financial Protection Bureau (CFPB) and your State Attorney General’s office. Don’t Allow Them To Provoke You.