FDCPA Lawsuits Outpace last Year

Total lawsuits filed in the U.S. this year citing alleged Fair Debt Collection Practices Act (FDCPA) violations reached 10,402 through mid-October, well ahead of last year's pace.  The article is here at the link:


For more on the Fair Debt Collection Practice act you can find it here at the link FDCPA.  

FDCPA protects consumers as it dictates to debt collectors what they can and can’t do when collecting a debt from a consumer. The United States Congress has found that there is ‘abundant evidence of the abusive deceptive and unfair debt collection practices by many debt collectors. Abusive debt collection practices contribute to the number of personal bankruptcies, to marital instability, to the loss of jobs and to the invasion of individual privacy’s.

For more on the FDCPA to discuss Credit Repair Services. Visit Consumer Credit Capital.at the link. 

Study Finds No Link Between Bad Credit and Employee Theft

Bad credit can affect your ability to get a job, insurance rates and interest rates you pay, but apparently according to LSU researchers there is no link beteen poor credit and employee theft.

“It was telling that poor credit scores were not correlated to theft and other deviant types of work behaviors,” said Bernerth. “Most companies attempt to justify the use of credit scores because they think such employees will end up stealing, but our research suggests that might not be the case.” 

There is much more here at the link.  If you have questions about how to fix credit give Credit Repair Services a visit for a free credit repair evaluation.

Alabama Sues Debt Collector for FDCPA Violation

In another case of a debt collector using deceptive practices, Alabama has accused a debt collection company of falsely claiming a creditor had entered into an agreement to pay.  The lawsuit alleges the company was sending letters to consumers claiming the consumer had entered into and agreement with the company and then reneged.  In fact, according to the suit, no such agreement was entered into nor had the consumer even had contact with the debt collector. There is much more here for the inquiring mind.  The take away here,  it is illegal for a debt collector to lie.  If you have questions about a debt or a collection practice visit Credit Repair Services for a free credit repair Texas evaluation.

Banks' Foreclosure Agent Argues Against The Need For Accurate Paperwork

In another, all too familiar, crazy land, court proceeding, the banks and their agents are pushing forward their best interest as they continue to game the housing market.  In this case, they are arguing, the paperwork that they are admitting to the court, they shouldn't have to affirm as accurate.  It's too much trouble and, they say, unconstitutional.
First they goosed the market up, hot potato-ed bad mortgages to investment funds, and now they are booting their clients out of their houses on the way down.  There is much more here for the inquiring mind.  If you have questions of the accuracy of your credit report then review the link clean credit, and sign up for Credit repair Services free credit repair evaluation.