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Debt threats: Collectors' extreme tactics

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Debt threats: Collectors' extreme tactics

via Al-Jazeera English.

'Posey's experience, while extreme, is far from uncommon. As the effects of the Great Recession continue to fester in neighborhoods across the country, more Americans than ever report being abused, harassed and deceived by the notoriously unregulated debt-buying and -collecting industry. In 2012, the Federal Trade Commission received an unprecedented 180,000 complaints about these companies, nearly 13 times more complaints than were reported in 2000.'

If you are ever harassed by a debt collector, seek legal advice immediately.

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