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Archive for July, 2012

Capital One to Pay the Price for Deceptive Credit Add-On Marketing Tactics

By K&S on July 30th, 2012 | No Comments

Posted in: Credit Card Debt, Debt Scams
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Capital One Financial Corp. exaggerator has been mandated to pay a sum of $210 million for conducting deceptive marketing of credit card add-ons like credit monitoring and payment protection, reports Business Insider. Neither a denial nor an admittance of guilt was released by the firm. The Dodd-Frank Act-created Consumer Financial Protection Bureau (CFPB) and the…

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Debt Collector Profile: Arrow Financial

A division of Sallie Mae, Arrow Financial is a receivables management firm. As such, part of its business functions includes debt collection. Arrow collects on behalf of the utilities, student loans, telecommunications, credit card and auto deficiencies industries. Headquartered in Niles, Illinois, the collector also has locations in Rockville Center, New York; Whitewater, Wisconsin; and…

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Consumer Attorney Craig Kimmel Discusses Debt Collector Abuse

Have you been abused or harassed by a debt collector? You don’t deserve to be treated like a doormat nor should you tolerate as much. If your legal rights are being violated you might qualify for free legal help through the Fair Debt Collection Practices Act. Consumer Attorney Craig Thor Kimmel was interviewed by MoneyTalksNews.com…

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Debt Collector Allied Interstate Will Pay $1.75 Million to Settle FTC Charges

One of the nation’s largest debt collectors, Allied Interstate, was charged by the Federal Trade Commission for making repeated collection calls to collect from the wrong person, to collect the wrong amount or both. Allied has agreed to pay $1.75 million in the settlement, which is the second largest civil penalty obtained by the FTC…

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