Search results
Results from the WOW.Com Content Network
Here’s how to find out if a debt collector is legit. Key takeaways. Scammers use texts, calls, emails and letters to create a false sense of urgency about debt repayment.
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. ... Harris & Harris, Ltd. is a ...
Debt relief and credit repair scams involve a scammer who claims to be able to eliminate your debt or increase your credit score by a specific amount. They typically request a large upfront ...
A consumer inquires about a payday loan or short-term credit online and is asked for a long list of personal information. The lender is a shell firm; the loan might never be made, but the victim's personal information is now in the hands of scammers who sell it to a fraudulent collection agency.
Common reasons for consumer complaints against debt collection practices According to the CFPB , the primary complaints against debt collectors include: Efforts to recover debts that are not due ...
If you don’t recognize the debt, make sure you know the signs of a debt collection scam. 2. Know your debt collection rights. Educate yourself about your rights under the Fair Debt Collection ...
• Fake email addresses - Malicious actors sometimes send from email addresses made to look like an official email address but in fact is missing a letter(s), misspelled, replaces a letter with a lookalike number (e.g. “O” and “0”), or originates from free email services that would not be used for official communications.
Getting a call from a phony debt collector trying to scam you out of money you don't owe can be even worse. ... 4,000 consumer complaints," says Elizabeth Scott, a staff attorney at the FTC who ...