As an unintended consequence, consumers who defend themselves against collection agencies who violate of the Fair Debt Collection Practices Act (FDCPA) will now find themselves on a special list. One company is now offering its clients a list of everyone who has sued a creditor or collection agency. This is meant for the clients [...]
Entries Tagged as 'collections'
New Service Provides Collection Agencies List of Clients in Litigation
June 25th, 2009 · 3 Comments · Debt Collection, I'm suing those guys!, Legal Stuff
Tags: collection agency·collections·consumers·court cases·Courts·Fair Debt Collection Practices Act·FDCPA·lawsuits·Litigation·transunion
Asset Acceptance Enjoying Tough Economic Environment for Consumers
September 12th, 2008 · No Comments · Consumer Debt, Debt Collection
OK, you can thank me later, but I just spent the last hour listening to Asset Acceptance’s 2nd Quarter Earnings conference call via a webcast (yeah, it’s public). It’s an hour long and if you want to listen to it, here is the link.
Webcast – Asset Acceptance Capital Corp. Second Quarter 2008 Earnings [...]
Tags: 2008 Earnings·Asset Acceptance Capital Corp·collections·Credit card·Junk Debt·Second Quarter·Webcast
More People Complaining About Collection Agencies
May 20th, 2008 · 7 Comments · Credit Counselor Front Lines
Yesterday, USA Today published an article on the absues of debt collectors (who we all know as collection agencies).
USA Today Article.
It’s great this is getting more press, as it is a real problem. Of course, the comments on this article were predictable “hey, just pay your debts” was the most common comment. I’m [...]
Tags: collection agencies·collections·Credit Reporting·debt collectors·FCRA·Palisades
The Over-Emphasis on Credit Report Inquires
May 13th, 2008 · 12 Comments · Credit Reports
Frequently, when doing credit counseling, I look at a credit report which is full of pot holes: collections, late pays and charge-offs. Sadly, the initial focus of the client is on removing inquires.
Sure, the removal of inquiries is pretty easy. But it will have a pretty small effect on the [...]
Tags: collections·Credit Bureaus·Credit Cards·Credit Reports·Credit Score·Inquires·Mortgages
