FTC Reporting Abusive Debt Collection Tactics
The FTC has received more than 45,000 complaints about debt collectors in the first half of the year, up almost 20% compared to the first six months of 2008. Debt collection agencies have been under more scrutiny in the last year than ever before. If you are like many other Americans who have fallen behind [...]
Debt Relief Companies Under Fire
The Federal Trade Commission is proposing stricter rules for debt relief agencies by requiring them to disclose, in greater detail, how their programs work as well as limiting up-front fees. Debt settlement, a predatory debt relief option, entails deliberately failing to pay creditors until an agreement is reached to pay only a portion of the [...]
