FTC Charges Debt Collection Operation Took Consumers’ Money for Phantom Debts FOR RELEASE August 29, 2017 The Federal Trade Commission has charged a North Carolina debt collection operation with using intimidation and deception to take money from consumers for debts they did not owe, or that the defendants had no right to collect. A federal court temporarily halted… Read More

FTC Obtains Court Order: Debt Collector Banned from Debt Collection Business FOR RELEASE August 30, 2017 The final defendant in a debt collection scheme that illegally threatened to arrest or sue consumers and harassed their friends, family members and employers is banned from debt collection activities under a settlement with the Federal Trade Commission. The settlement… Read More

Consumer Financial Protection Bureau takes action to shut down credit repair company for charging illegal fees and misleading consumers Company banned from offering credit repair services and required to pay $150,000 penalty WASHINGTON , DC (August 30, 2017) — The Consumer Financial Protection Bureau (CFPB) today filed a proposed final judgment in federal court that would… Read More

Please contact us if Jefferson Capital is trying to collect money from you in Illinois.… Read More

CONSUMER FINANCIAL PROTECTION BUREAU TAKES ACTION AGAINST AEQUITAS CAPITAL MANAGEMENT FOR AIDING CORINTHIAN COLLEGES’ PREDATORY LENDING SCHEME Bureau’s Proposed Settlement Seeks $183.3 Million in Relief for 41,000 Harmed Student Borrowers WASHINGTON, D.C. — The Consumer Financial Protection Bureau today filed a complaint and proposed settlement against Aequitas Capital Management, Inc. and related entities, for aiding… Read More

Please contact us if you applied for a checking account at a bank or financial institution with which you have not previously done business and were rejected, without being given the name or contact information for the company used to assess your  eligibility for the account.… Read More

The Consumer Financial Protection Bureau (CFPB) today took action against JPMorgan Chase Bank, N.A. for failures related to information it provides for checking account screening reports. Banks screen potential customers based on reports about prior checking account behavior created by consumer reporting companies. Banks that supply information for those reports are legally required to have… Read More