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  2. How to spot debt collection scams: 8 signs to watch out for

    www.aol.com/finance/spot-debt-collection-scams-6...

    If you have given out any sensitive information to the scammer, make sure the major credit reporting agencies know fake debt collectors targeted you. You may want to place a fraud alert or credit ...

  3. How to pay off a debt in collections

    www.aol.com/finance/pay-off-debt-collections...

    Before acting on any debt collection, confirm the debt is yours and know the Fair Debt Collection Practices Act (FDCPA) to avoid unfair practices. Check your state's statute of limitations to make ...

  4. Debt buyer (United States) - Wikipedia

    en.wikipedia.org/wiki/Debt_buyer_(United_States)

    The debt collection industry which includes debt buyers, "in-house collection departments, third-party collection agencies, and collection attorneys", recover and return "billions of dollars in delinquent debt" to "card issuers and other creditors" annually which "increase[s] the availability of consumer credit and reduce[s] its cost". [2]

  5. Fair Debt Collection Practices Act - Wikipedia

    en.wikipedia.org/wiki/Fair_Debt_Collection...

    The Fair Debt Collection Practices Act (FDCPA), Pub. L. 95-109; 91 Stat. 874, codified as 15 U.S.C. § 1692 –1692p, approved on September 20, 1977 (and as subsequently amended), is a consumer protection amendment, establishing legal protection from abusive debt collection practices, to the Consumer Credit Protection Act, as Title VIII of that Act.

  6. Consumer Financial Protection Bureau - Wikipedia

    en.wikipedia.org/wiki/Consumer_Financial...

    The Consumer Financial Protection Bureau (CFPB) is an independent agency of the United States government responsible for consumer protection in the financial sector.CFPB's jurisdiction includes banks, credit unions, securities firms, payday lenders, mortgage-servicing operations, foreclosure relief services, debt collectors, for-profit colleges, and other financial companies operating in the ...

  7. Debt collection - Wikipedia

    en.wikipedia.org/wiki/Debt_collection

    An organization that specializes in debt collection is known as a collection agency or debt collector. [1] Most collection agencies operate as agents of creditors and collect debts for a fee or percentage of the total amount owed. [ 2 ]

  8. Consumer bureau orders debt collection agency to shut down ...

    www.aol.com/consumer-bureau-orders-debt...

    The Consumer Financial Protection Bureau on Friday ordered Commonwealth Financial Systems, a debt collection agency specializing in medical debt, to shut down as a result of what CFPB determined ...

  9. TransUnion - Wikipedia

    en.wikipedia.org/wiki/TransUnion

    TransUnion LLC is an American consumer credit reporting agency.TransUnion collects and aggregates information on over one billion individual consumers in over thirty countries including "200 million files profiling nearly every credit-active consumer in the United States". [4]

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