Showing posts with label collection account. Show all posts
Showing posts with label collection account. Show all posts

Sunday, November 13, 2011

Debt Collector with 6,000 Accounts Settles for $4 million


According to state officials the company repeatedly engaged in bad behavior prohibited by the Fair Debt Collection practices Act. 
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"The main thing is you don't threaten people in terms of their debt," said Bill Cloud, a spokesman for Georgia's office of Consumer Protection. "You don't threaten them physically. You don't threaten them with arrest. You don't act like a law firm if you're not. These people were just doing everything in the book that was wrong." Cloud says since 2008's financial meltdown, abuse by debt collectors has been one of the most frequent complaints his office receives. 
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For more on the FDCPA visit Consumer credit Capital at FDCPA.   If you have questions about a collection account give credit repair Texas a visit.  For more on the case above you can find it here.

Sunday, October 3, 2010

Verizon Caught Gouging Customers for $90 million

Verizon agrees to pay up close $90 million dollars for wrongly taking money by unauthorized charges.  More and more companies are using phone bills to automatically charge consumers for questionable charges.  Check your phone bill for charges!
"Verizon Wireless to Pay Millions in Refunds
By EDWARD WYATT
WASHINGTON — Verizon Wireless said on Sunday that it would pay up to $90 million in refunds to 15 million cellphone customers who were wrongly charged for data sessions or Internet use, one of the largest customer refunds by a telecommunications company.
The announcement came in a statement from Verizon Wireless as the company held talks with the Federal Communications Commission about complaints of unauthorized charges and in response to questions about a possible settlement of an F.C.C. investigation into the issue."
There is more here at the link.  If you have a collection account as a result of a contract with Verizon give the folks at credit repair Houston a call to review the account.