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Entries Tagged as 'debt collectors'

Debt Collectors Top List of Consumer Complaints for 2008

September 14th, 2009 · 4 Comments · Consumer Debt, Consumer Info, Debt Collection

I know this may come as an unbelievable surprise to many of you (yeah, right) but an annual survey conducted by the National Association of Attorneys General (NAAG) once again placed debt collection agencies at the prestigious top position for consumer complaints for this past year.
It isn’t that we here at creditinfocenter are picking on the debt collection industry, but it [...]

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Can You Go to Jail For Not Paying a Debt?

June 24th, 2009 · 13 Comments · Consumer Debt

I can’t tell you how many times I’ve said or written that you can’t go to jail over a debt. In general, no, there are no debtor’s prisons in the U.S. But a little article on debtor abuse in the Boston Globe (please stay alive, OK?) made me sit up and take notice. [...]

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Is Your Newest Facebook Friend a Debt Collector?

June 15th, 2009 · No Comments · Consumer Debt

Ya gotta admire the genius of this, though the tactics are pretty underhanded and scummy. Just when you think you’re seen all the tricks of the trade, debt collectors come up with a new way to find debtors they say owe them money. The latest: debt collectors create a Facebook profile, use a [...]

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FTC Report Recommends Changes to Fair Debt Collection Practices Act

March 6th, 2009 · 2 Comments · Consumer Debt, Consumer Info, Debt Collection

On February 26, 2009 the FTC released a recommendation to Congress for changes in the Fair Debt Collection Practices Act (FDCPA). The recommendations were based on an October 2007 debt collection conference. In its recommendation for changes, the FTC said that “the nature of consumer debt has changed in numerous important ways since [...]

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