Consumer Financial Protection Bureau should write strong rules to protect
SEATTLE – Companies engaging in debt collection activities use abusive and deceptive practices that include harassing people for debts not owed, threatening illegal actions, calling people at work, and contacting their employers and neighbors.
These are among the findings of a new report, Unfair, Deceptive & Abusive: Debt Collectors Profit from Aggressive Tactics, released today by the Alliance for a Just Society. Researchers analyzed 75,000 consumer complaints filed during the last two years with the Consumer Financial Protection Bureau.Continue reading “REPORT: Debt Collectors Profit From Aggressive Tactics”