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The Basics Blog 4.19.11

Credit Card Debt Collection Articles of Interest

Actions taken by debt collection agencies are limited by law in Oklahoma
NewsOK.com
As reported in a story Sunday, more and more seniors today are being guilted by debt collectors to tap their fixed assets to pay credit card, store, ...

FTC pushes for reform of unclear debt collection laws
Creditnet.com
Many consumer advocates say that these companies go too far in harassing consumers whose debts they have purchased from credit card lenders, though federal ...

Stressed debtors open to calls, collections efforts for years
Arizona Republic
In Phoenix, debt collection is fueled by consumers who average $26035 in credit-card debt and auto and personal loans, the fifth highest in the nation, ...

Debt Collectors Sometimes Bark Up the Wrong Tree
NBC Chicago
The debt collector said there was an outstanding $1400 balance on an 11-year-old credit card account in Mrs. McColl's maiden name.

More collections agencies erroneously placing debt under incorrect name
Credit.com News
By Credit.com Staff In recent years, debt collection agencies have been overrun with unpaid medical, credit card and mortgage bills. …

Don't take word of collectors
Columbia Daily Tribune
Under no circumstances should you give the collection firm calling you about a debt your debit card number. You did the right thing by requesting ...

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