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71,000 Complaints to the FTC about Creditor Harassment Last Year; up 500% from 2004!

71,000 Complaints to the FTC about Creditor Harassment Last Year; up 500% from 2004!

According to the AP report, almost 39 percent of Federal Trade Commission complaints cited demands to pay debts that weren’t owed or payments that were more than legally allowed.

As more and more people get behind on their debts, the likelihood that they will experience creditor abuse will increase. If you are one of Credit Alliance Groups clients with a DAAN Phone Module who are on the receiving end of this abuse, be sure to contact let us know so that we can have the DAAN Group refer you to an attorney in your area proficient in this area of law for possible legal action against the creditor.

Last year almost 71,000 complaints about creditor harassment were filed with the Federal Trade Commission. That is twice the number that filed in 2003. But that’s not all. Over 14,000 complaints were reported to the Better Business Bureau, and thousands more were filed around the country with state and city officials.

Consumers have rights that they may not be aware of. The Fair Debt Collection Practices Act was created to protect and inform consumers of their rights.

Fair Debt Collection Practices Act

Take a moment and find out if you’re being subjected to harassment that is undeserved.
Wisdom is knowing what to do next; virtue is doing it. David Starr Jordan

If you find yourself in need of help taking care of your debts give CreditAllianceGroup a call for a free consultation with a Sr. Credit Specialist today.





71000 Complaints to the FTC about Creditor Harassment Last Year up 500 from 2004 - To learn more about this author, visit Eric Pinola's Website.

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Eric Pinola
(Visit Eric's Website)
Credit Alliance Group is a leading debt management company in Dallas, Texas that provides solutions to any unsecured debt challenges. As the director of enrollment I am encouraged to see how much we can help people each day. Our programs are built around the client’s budget; so that they can become debt free again without unnecessary stress. We offer a Basic, Pro, and Elite edition of our services. The road to becoming debt free can be long and hard so it is important to make the journey with a company that truly cares and has the experience to get the job done right the first time. Check out our website; or give us a quick call for a free no obligation enrollment package with your figures in it. 1-866-359-5677 www.creditalliancegroup.net or debt-credit-repair.com/index.html
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