Collection Industry News

OCTOBER 12, 2020

The CFPB is actively working to protect consumers from illegal actions of debt collectors,” CFPB Director Kathleen L. We will continue to monitor the financial marketplace, as well as consumer complaints received, in order to ensure that we identify and take action against debt collectors who are violating the law.”.

Debt collector 40

Debt collector Fair Debt Collection Law Firms Legal Collections 40

True Accord

MAY 26, 2022

This follows the September 2020 Federal Trade Commission (FTC) initiative “ Operation Corrupt Collector ” to protect consumers. Contacting to Collect Via Social Media. As of November 30, 2021, debt collectors can now contact consumers on social media.

Collections 52

Collections Debt collector Fair Debt Collection Legal Collections 52

Collection Industry News

DECEMBER 4, 2022

Almost 2,000 consumers who were conned into paying debts they didn’t owe are in the process of getting their money returned to them. If you’re contacted by a credit collection agency, regardless of whether or not it sounds legitimate, you should request a debt validation letter, McClary said. Keep good records of past debts.

Fair Debt Collection 40

Fair Debt Collection Credit Counselor Collections Legal Collections 40