Did you know that up to 25% of credit reports have an error? Yes, a new study by the Federal Trade Commission (FTC) finds that “25 percent of consumers identified errors on their credit reports that might affect their credit…
Posts Tagged With: Federal Trade Commission
California Debt Blog: Federal Officials Shut Down California Debt Collector
A great story from Jim Puzzanghera at the LA Times about the Federal Trade Commission, FTC, shutting down a Califlornia debt collector. Who was shut down, you ask? From the story “Among the companies targeted were Western Performance Group and…
California Debt Blog: Expert Global Solutions Fined by FTC
Well, the debt collectors are at it again. What’s a violation of the FDCPA between debt collectors and the FTC? Do they really think the FTC is going to do anything? Apparently, the answer is yes. In this case, the…
California Debt Blog: FAQ: Who can help me with my debt collection lawsuit?
Question: I have been sued by a debt collector. Who do I call? Answer: An attorney. Let me explain a bit. Twice in the last week, I have had people call me after being sued by a debt collector. Both…
California Debt Blog: Preventing Identity Thieves from Obtaining Your Personal Information
Last week, I discussed six ways in which identity thieves obtain your personal financial information, which they then use to steal your identity. So how can you prevent identity thefts from occurring? The Federal Trade Commission recommends a three-pronged approach….
California Debt Blog: FAQ: What is a debt collector forbidden from doing?
Question: I think my debt collector is harassing me. What is the debt collector legally forbidden from doing to collect the debt? Answer: The Federal Trade Commission publishes a guide for consumers that details exactly what debt collectors can and…
California Debt Blog: FTC Proposes New Rules for Debt Settlement
The Federal Trade Commission has proposed new rules for debt settlement companies. (Thanks to my friend, Dallas personal injury attorney Robert Kraft for sharing this.) Among the rules being proposed: 1. New fee can be collected until the services are…