Category Archives: Debt Collection Stories

Debt Collection Stories – real-life experiences of individuals who have dealt with debt collectors

Cordray’s bureau posts complaints on banks, credit agencies, debt collectors

Posted on June 26, 2015 by The Debt Collector

By Jeff Horwitz and Ken Sweet Associated Press  •  Friday June 26, 2015 12:43 AM WASHINGTON — The Consumer Financial Protection Bureau released thousands of complaints on Thursday from disgruntled customers of banks, credit-card companies and other providers of financial … Continue reading →

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Sen. Tim Kaine urges strong rules to prevent predatory payday lending practices

Posted on June 6, 2015 by The Debt Collector

As the Consumer Financial Protection Bureau (CFPB) considers new rules to address predatory practices in payday and similar types of lending, U.S. Senator Tim Kaine joined a group of more than 30 senators in expressing support for initial steps the … Continue reading →

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BBC told to investigate after licence fee payer received ‘threatening’ warnings

Posted on May 28, 2015 by The Debt Collector

Viewer should not have been warned by TV Licensing they might be referred to a debt collection agency, says corporation’s governing body. The BBC has been ordered to investigate the system for sending out letters enforcing the TV licence fee, … Continue reading →

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Missouri woman awarded $83 million in debt collection case

Posted on May 23, 2015 by The Debt Collector

A leading U.S. debt collection agency will have to fork over nearly $83 million to a Kansas City woman it mistakenly went after to collect money she didn’t owe, a Missouri jury has ordered. Maria Guadalupe Mejia, 51, said she … Continue reading →

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