Caught in the Act: How to Spot a Fake Debt Collector

February 7th, 2017

Look out: many consumers across the country receive phone calls from fake debt collectors. These phone calls could include demands on repaying a loan you never took out or an amount within a loan that wasn’t what you originally took out, among other situations. The Federal Trade Commission warns consumers like you to be wary […]

5 Most Common False Debt Collection Threats

August 4th, 2016

It’s not uncommon for debt collectors to dish out empty threats to intimidate and pressure consumers into taking action on a debt. These threats are illegal and are used to get consumers to agree to make some kind of payment, even when there’s no proof of the consumer actually owing the debt. While there are […]

Dawn of the Debt: How to Protect Yourself Against Zombie Debt

June 9th, 2016

What is Zombie Debt? The Federal Trade Commission (FTC) defines zombie debt as “debt you think is dead, gone, and forgotten, but has somehow come back to life.” Zombie debt can be a result of a multitude of things, and knowing what it is, where it came from, and how to dispute it is critical. […]

Debt collector hit with $83 million in Punitives

November 6th, 2015

Portfolio Recovery Associates has been hit with $83 Million in Punitives for collecting debts not owed. Read more here.