Beware of the Payday Loan Collection Scam
A recent report posted at CreditBloggers.com warns of a scam that’s been popping up in various parts of the country that involves intimidation, false threats and attempts to collect money by people who...
View ArticleDebt Collection Reform on the Horizon?
U.S. Senator Al Franken (D – Minn.) has proposed new legislation that would require debt collectors to follow more stringent guidelines when attempting to collect on debts. The proposal should be...
View ArticleAre Debt Collectors Getting Pushier?
Overly aggressive debt collectors may be causing to some American households. We’ve addressed the subject of debt collectors before on this blog, and as a recent post from WalletPop.com explores some...
View ArticleDebt Collectors on Facebook: Is It Legal?
A recent story reported on WalletPop.com tells of a debt collector behaving badly – specifically, it seems, this debt collector actually took to “Facebook stalking” a woman in an attempt to get her to...
View ArticleDebt after Death: Who Pays?
The death of a loved one can be traumatic enough without the financial concerns that often accompany dying. Nevertheless, those financial realities exist and cause unnecessary stress for many...
View ArticleDebt Collectors: “Business is Great!”
A recent article in Forbes magazine highlighted a major impact of the reeling economy: business for debt collectors is good. It seems, though, that debt collectors are seeking pity for the troubles...
View ArticleIllinois Reveals Top Ten Consumers Complaints of Last Year
In a press release that is almost as hotly anticipated in Chicago as the start of the baseball season, Illinois Attorney General recently announced the top ten consumer complaints of 2011. And this...
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