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FTC received 70,000+ complaints about collection agencies in 2007

March 24th, 2008 · No Comments

OK, kids, it’s the same old song again, the FTC has tallied up its complaints about collections agencies for last year and they are pretty big. Just think if consumers were aware of their rights!
Some highlights:

The FTC received 70,951 FDCPA complaints in 2007. The FDCPA complaints represented 20.8% of the complaints the Commission received […]

Popularity: 6% [?]

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Tags: Debt Collection

Florida Collection Agency Hit with $3.4 million FTC Judgment

January 29th, 2008 · No Comments

Too bad, so sad…
 
See, even though people don’t really believe the FDCPA is an effective weapon, if you violate it, the FTC will come knowing on your door. A collection agency working on behalf of small businesses got into some big trouble (to the tune of $3.4 million!)with the FTC for representing itself […]

Popularity: 5% [?]

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Tags: Credit Bureaus and Scores