The Consumer Financial Protection Bureau (CFPB) has released its 2015 Annual Report, providing an in-depth look at the thousands of consumer complaints received by the Bureau in 2014. A staggering 88,300 complaints, 35% of those made to the CFPB, related to debt collectors and, if taken as factually accurate, each and every one violates Fair…
The following is a recording of a phone call with debt collector NCO Financial who was attempting to collect on a debt more than thirteen (13) years old. It was recorded after the debt collector made various phone calls and left messages to the consumer about the old debt. Recorded Call with NCO Financial Systems…
Four hundred million times a year, employees of a little-known company called NCO dial the telephone “just to talk.”
A post from the Lemon Law Blog concerning car companies making collection calls on delinquent car loans: Are Car Companies Calling You To Collect Cash? …collection calls are on the rise. At 1-800 LEMON LAW, we are receiving a number of calls from consumers who are fed up with collection calls… Make sure you learn…
…the frequent and harassing calls from a debt collector caused a Tampa man’s blood pressure and stress levels to rise to unhealthy levels. His wife is claiming that the abusive debt collection calls contributed to his death
This law is designed to stop collectors from being abusive and unprofessional. Even if you owe money and the debt is really yours (you will be amazed at how many folks are called for another person’s debt), the collector must still treat you fairly and respectfully.
Debt Collection Calls are never a pleasant experience but chances are, there is a reason you are being contacted. The first thing you want to do is take control of the call. Do this by asking questions. What is the company name? Where are they located? Tell me more about my debt history? Take notes…
