Collection Recon

California Association of Collectors Offers Holiday Personal Finance Tips for Consumers

Posted on 02. Dec, 2011 by Collections Recon.

SACRAMENTO, Calif., Nov. 30, 2011 /PRNewswire-USNewswire/ — Holiday season can be stressful for California consumers, especially if the prospect of buying gifts will add to an already burdensome debt load.

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Debt collectors harassed consumers with violent threats, FTC says

Posted on 26. Oct, 2011 by Collections Recon.

Two California debt collection firms used abusive tactics to harass financially distressed consumers, with one firm threatening to kill debtors’ pets or desecrate the bodies of their deceased children, the Federal Trade Commission says.

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APNewsBreak: Obama seeks debt collector proposal

Posted on 05. Oct, 2011 by Collections Recon.

WASHINGTON (AP) — To the dismay of consumer groups and the discomfort of Democrats, President Barack Obama wants Congress to make it easier for private debt collectors to call the cellphones of consumers delinquent on student loans and other billions owed the federal government.

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Maryland makes it tougher for debt collectors to sue consumers

Posted on 19. Sep, 2011 by Collections Recon.

Maryland has joined a growing number of states in which judges must demand greater proof from debt buyers before allowing them to sue consumers to recover alleged obligations.

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Debt collection companies warned to be fair by the OFT

Posted on 16. Sep, 2011 by Collections Recon.

The Office of Fair Trading (OFT) has sent out a warning to debt collection companies to ensure that they treat consumers fairly and communicate clearly.

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Protecting Your Assets: TransUnion.ca Helps Consumers Protect Their Good Name Amidst Growing Concern of Identity Theft

Posted on 25. Aug, 2011 by Collections Recon.

New TransUnion.ca Study Finds More Than One in Three Canadians More Concerned of Identity Theft If you’ve ever been concerned about identity theft, you should know that you’re not alone. According to the Canadian Anti-Fraud Centre, more than 18,000 Canadians were affected by identity fraud in 2010 — an increase of nearly 22% from 2009′s [...]

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Debt Collector Could Be Liable for Autodialing

Posted on 25. Aug, 2011 by Collections Recon.

(CN) – A debt-collection company must go to trial for using an autodialing system to call and text frustrated consumers, a federal judge ruled.
Consumer Portfolio Services, a subprime auto-finance lender, places debt-collection calls with “predictive-dialing” software that regulates the dialer’s call rate to improve efficiency.

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Seven Secrets Not on Credit Reports

Posted on 09. Aug, 2011 by Collections Recon.

Do you feel like your credit report is spying on you?

Sometimes it seems like just about everything personal is included in your credit history, including your name, address and Social Security number. Even your birth date is on it.

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Consumers can protect themselves from debt collectors’ errant calls

Posted on 09. Aug, 2011 by Collections Recon.

These days, more and more people report getting “robo-dialed” by debt collectors looking for people with similar names, similar phone listings or similar addresses.

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U.S. District Court Says Consumer Can’t Be Forced into AT&T Arbitration

Posted on 25. May, 2011 by Collections Recon.

On the heels of the Supreme Court’s decision in AT&T Mobility v. Concepcion, a U.S. District Court has ruled that a consumer can’t be forced into arbitration by a debt collection agency trying to collect monies owed by AT&T.

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