In order to address widespread abuses in the debt collection industry, Congress passed the FDCPA in order to rein in
the tactics of debt collectors.
Not exact matches
One
of the
tactics you might be able to use to buy more time with
collectors is
debt validation.
On the heels
of their victory against National Check Registry, the FTC and the New York Attorney General teamed up again to announce two complaints against
debt collectors that allegedly used a slew
of abusive and deceptive
tactics to pressure...
The FDCPA prohibits abusive or coercive
tactics on the part
of debt collectors when they are pursuing a debtor.
Three years ago, I told you the FTC and New York Attorney General (NY AG) announced complaints against
debt collectors that allegedly used a slew
of abusive and deceptive
tactics to pressure consumers into making payments on questionable
debts.
In addition, while
debt collectors have the right to be persistent and can tell you the potential consequences
of failing to pay your
debt, intimidation
tactics to get you to pay what they claim you owe are also a common scheme from con artists.
After all,
debt collectors can be relentless in their pursuit
of unpaid balances and, in some cases, have been known to use intimidating (and confusing)
tactics to get you to settle the
debt even if the
debt is not yours.
A federal law that governs the conduct
of debt collectors and that prevents many abusive collection
tactics.
Beware
of false promises by the collection agency Not surprisingly, some
debt collectors use dirty, underhanded
tactics to collect
debt.
Three years ago, I told you the FTC and New York Attorney General (NY AG) announced complaints against
debt collectors that allegedly used a slew
of abusive and deceptive
tactics to pressure consumers into making payments on...
See related: 5
tactics of bad
debt collectors, How to dispute credit report errors, Who is liable for a minor's
debts?
The cardholder may find that he or she has to deal with daily calls and visits from the
debt collectors, which can be quite intimidating despite the fact that consumer protection agencies prohibit the use
of harassment or coercive
tactics by
debt collection agencies.
See related: 9 tips for jobseekers with bad credit, 10 things you must know about credit reports and scores, Video: The basics
of debt settlement, Dealing with
tactics of bad
debt collectors, 5 federal laws that protect cardholders, Statutes
of limitations on credit card
debt across the nation, Tips for dealing wtih collection agencies, Attention: Terms are changing
The potential
of a 5,000 percent return on investment encourages
debt collectors,
debt buyers, and their lawyers to resort to unfair, deceptive, and abusive
tactics.
Tina has a myriad
of experience defending debtors trying to get back on their feet against
debt collectors and their aggressive
tactics.
Elk Grove, CA About Blog A blog designed to provide consumers with information and advice about
debt collection, dealing with
debt collectors, and how to protect yourself from the
tactics of the
debt collection industry.