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Archive for 'debt collection calls'
CFPB Reports 88,300 Debt Collection Complaints in 2014
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...
Read MoreDebt Collector Attempts to Collect a Debt Past the Statute
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...
Read MoreDebt Collectors From NCO Make 400 Million Calls a Year
Four hundred million times a year, employees of a little-known company called NCO dial the telephone “just to talk.” NCO’s hope: A simple chat will convince people to pay old debts. “We have to strike a bond with someone,” said...
Read MoreCollection Calls from Car Companies
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...
Read MoreDebt Collection Abuse Contributed to a Man’s Death
After Mr. McLeod fell behind on his mortgage payments, 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...
Read MoreDebt Collection Calls Can Be Stopped
There is nothing more bothersome or stressful than having debt collectors call and threaten you. Pay up or we will alert your neighbors. Pay up or we will contact your family. Pay up or we will garnish your wages. The...
Read MoreDebt Collection Calls – How to Handle them
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...
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