Debt collectors

Wednesday, December 9, 2009

  • How to do business with debt collectors (in plain English)

    Kim Fusaro, Little Miss Fortune, Glamour’s Avatar

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    By Kim Fusaro, Little Miss Fortune, Glamour, on Tue Jun 30, 2009 9:53am PDT

    The image “http://www.zillow.com/blog/files/2007/09/credit-card-cutup.jpg” cannot be displayed, because it contains errors.
    In the comments , reader jennw81 told us she was being harassed by collection agencies. Then New York’s attorney general shut down one particularly nasty bunch of collection companies. So today’s topic is twice as timely.Then New York’s attorney general shut down one particularly nasty bunch of collection companies. So today’s topic is twice as timely.

    According to Attorney General Andrew Cuomo, the sketchy New York operation “was run by people who lied, bullied and preyed on vulnerable Americans struggling to resolve their financial situation.” Not nice.

    Here are the rules that debt collectors (whether they’re from a credit card company or collection agency) have to play by, according to the Fair Debt Collection Practices Act.

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