Tag Archives: debt reduction

How would it feel if money was taken from your wages for a debt that is not yours? This unfortunate scenario happened two times to a New Mexico woman who had no connection to the Target Bank account or to the collectors employed by Target. Because the debt buying industry has grown in leaps and bounds since the 1980′s, cases like this are becoming more and more common. Now the combination of technology and large debt buyer firms has created a profitable industry that also holds the record for highest industry complaints logged with the Federal Trade Commission. The government does not have the resources to respond to all the complaints it receives but luckily there are consumer protection statutes in the Fair Debt Collection Practices Act that can help consumers fight back against collection bullies. Continue reading