Post Tagged with: "lenders"

Understanding the Debt Collection Act

Understanding the Debt Collection Act

If you are behind on paying your bills, you may soon be contacted by a debt collector. The debt collection is an act supervised by the nation’s consumer protection agency known as the Federal Trade Commission (FTC), which enforces the Fair Debt Collection Practices Act (FDCPA). This prohibits debt collectors […]

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Dealing with Payday Loan Debt Collectors

Dealing with Payday Loan Debt Collectors

So you agreed to a payday loan and now the company you chose is constantly trying to subtract money from your bank account. This is a common practice known as continuous payment authority. Payday loan companies, also known as lenders, are not allowed to collect this type of payments from you […]

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