Fake Loan Companies – You Shouldn’t Be Intimidated

We now have all learn about financial obligation collection frauds and harassment by fake loan companies. The Federal Trade Commission (FTC), a federal federal government regulator and enforcer of customer legal rights, recently settled a claim against a debt collection scam that is bogus.

The outcome against A california based resident, whom caused fake financial obligation collector callers from Asia, is merely another situation associated with FTC crackdown against frauds that targeted financially distressed customers.

FTC Settles with Fake Loan Companies

The FTC circulated a pr release on October 2012 in regards to a crackdown on fake loan companies. The scam that is latest involved a small grouping of those who utilized information on customers that has either taken an online payday loan or shown a pursuit in using out a quick payday loan.

The FTC noted that, in this latest instance, customers received scores of collection calls that originated from India. (más…)