Search results
Results from the WOW.Com Content Network
Fake debt collection is one of many all-too-familiar text scams. However, sometimes scammers will use an existing business's name and information to fake legitimacy.
8 warning signs of a debt collector scam. Receiving a call, email or letter from a company purporting to be a debt collector can spark alarm. Before disclosing any information, look for these ...
Phantom debt or zombie debt is a debt that is old, defaulted, or not owed and is somehow still being pursued for collection to be paid by the presumed debtor. It generally refers to debt that is more than 3 years old, is long forgotten about or belonged to someone else – like someone with the same name or a deceased parent.
Debt Collection Scam. Scammers may try to collect on legitimate debts you owe, which is confusing because legitimate debt collectors might contact you as well. To verify where your money is going ...
Having debt can mean you are open to debt collection scams, but you could encounter scams even when you do not owe anyone money. To make sure that a debt collector is legit and avoid debt ...
My 81-year-old mom fell victim to a debt collector for a decades-old debt. They even told her she had to go to court over the phone. I begged and pleaded with her not to fall for it, but they ...
The Federal Trade Commission announced Tuesday that it had settled with a California man who was working with phony debt collectors in India to scam American consumers. The FTC says the operation ...
We're hearing about an increasing number of complaints about high-pressure phone calls from debt collectors. Our Patrick Nelson shows us in many cases the people making these calls are launching ...