Sun.Dec 04, 2022

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A phantom debt collection scam duped consumers out of more than $1 million. Here are 5 ways you can avoid falling victim

Collection Industry News

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. More than $1 million, or an average of $516 for each payment, is being returned to the victims either via PayPal or a mailed check, the Federal Trade Commission recently announced. ″ Consumers will be recovering all the money they lost to the scammers,” the FTC noted.

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How FHA Support of Small-Dollar Mortgages Could Have a Big Impact on Families of Color

Prosperity Now

Increasing access to small-dollar mortgages is a nuanced problem that will require creative solutions.

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