This blog is brought to you by Better Business Bureau serving the Heart of Texas as part of our ongoing effort to protect and serve consumers like you! We cover the greater areas of Austin, Midland, Waco, Corpus Christi, Victoria, San Antonio, Laredo, Bryan and College Station.
Stay tuned for expert advice from BBB professionals who investigate scams, local businesses and consumer trends. We work hard to help you find trustworthy businesses and we are proud of this blog as another way we can help you watch where your money goes...
Tag Archives: debt collection
If you have debt with the IRS that’s more than two years old, you may soon get a letter from the agency that your account is being transferred to a private debt collector.
An illegal debt collection scam that collected more than five million dollars from victims has been stopped by the Federal Trade Commission. According to the FTC, the scammers tricked victims into believing they owed payday loans. Callers would harass consumers … Continue reading
Scammers frequently claim they are collecting child support debt The Texas Office of the Attorney General (OAG) is investigating a scheme by callers claiming to be with government or debt collection agencies who have been attempting to steal consumers’ money … Continue reading
Creditors may have a right to pursue their debt, but they have to do it legally. The Federal Trade Commission (FTC) this week announced a judgment against a debt collection operation it says used abusive tactics and threatened consumers into paying … Continue reading
No, debt collectors can’t put you in jail – Atlanta/Cleveland operation has assets frozen over forbidden tactics
We get calls at BBB all the time from scared consumers who got called by bill collectors who threatened to have them thrown in jail–or other such nonsense that bill collectors can’t really do and aren’t supposed to say. I’m … Continue reading
BBB recently got a call from a consumer in the San Antonio area who got a scary phone call: A man claiming to be an attorney said she owed $7,500 and if she didn’t pay, she would be sued. The alleged … Continue reading
BBB advises consumers to be very cautious when receiving collection calls CPSI Loss Prevention/Security is in business to collect debts, but the Corpus-Christi-based company has also collected numerous consumer complaints alleging threatening, harassing behavior. Better Business Bureau has received close … Continue reading
Consumers struggling with debt will soon have a new place to turn. The Consumer Financial Protection Bureau announced it will begin supervising debt collection agencies Jan. 2. “Millions of consumers are affected by debt collection, and we want to make … Continue reading