Tag Archives: Collection agency

4 debt collection practices that need to change

By Gerri Detweiler Major changes may be coming to the debt collection industry. The Consumer Financial Protection Bureau (CFPB) published an announcement asking for comments on issues facing consumers and the industry, while it prepares to develop new rules around … Continue reading

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The truth behind 9 debt myths

By Dana Dratch That free advice you get from friends, co-workers or the “charming” bill collector on the phone could be worth even less that what you paid for it.From the perils of acknowledging old debts to the odds of … Continue reading

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6 Things Debt Collectors Can and Can’t Do

By Sheiresa Ngo This week, the Consumer Financial Protection Bureau released its annual report outlining how it has worked to enforce the Fair Debt Collection Practices Act. Their activities have included efforts to make it easier for consumers to file … Continue reading

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4 Ways to Prevent Debt Collectors from Contacting You on Facebook

The world is smaller and more connected with technology, especially social media. Debt-collectors are also refining their techniques and extending their tentacles into the social media arena. Just in March, Judge W. Douglas Baird ordered Mark One Financial to NOT USE Facebook … Continue reading

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