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Archive for 'debt buyer'
Mississippi-Based Security Credit Services LLC Ordered to Stop Deceiving Consumers Through Debt Collection Scandal
After allegedly misleading consumers into paying unnecessary fees and falsely threatening consumers with lawsuits, defendants in a debt collection operation have agreed to settle Federal Trade Commission charges. The FTC alleged in its complaint that the defendants – a debt...
Read MoreChase to Employee: ‘Go Along with the Plan to Sell the Misrepresented Asset’
The American Banker’s Jeff Horwitz recently put together a fantastic story exposing widespread internal irregularities at Chase regarding its credit card practices. The story is pulled from information gathered from a number of current and former Chase employees. It all...
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