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Financial Obligation Collector Scams Targeting Cash Advance Borrowers

Financial Obligation Collector Scams Targeting Cash Advance Borrowers

There’s a reason that is new be stressed about telephone calls from loan companies: progressively more debtors are now being scammed into paying down debts they don’t owe by phantom business collection agencies agencies.

Large number of People in america have actually reported getting telephone calls from fake collectors, in accordance with the Federal Trade Commission. In reaction, the FTC has filed four situations involving fraudulent financial obligation collections which have cost victims an estimated total lack of $20 million. Continue reading

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