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The FTC Swings and Hits another Collector Hard. Huge settlement forces collector to pay hundreds of consumers money.

Debt Collectors on a Rampage, Pittsburgh Attorney Jeff Suher Can Help


Posted on Jul 07, 2008

With the economy in a tailspin, more consumers are falling behind in their loan repayments, and finding themselves the target of aggressive debt collectors.

Complaints against debt collectors have risen substantially in the last few years, according to the Better Business Bureau - up 20% in 2006 and 26% in 2007, according to preliminary figures.

As cash-strapped consumers struggle to make ends meet, third-party collection agencies are buying up debt from companies and actively trying to recoup losses and collect commissions.


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