Aggressive Creditor Practices
Predatory debt collectors often rely on consumer ignorance to demand payment on unverified or expired debts.
1. FCRA and Consumer Dispute Protections
Under the Fair Credit Reporting Act (FCRA), bureaus must investigate disputed items within 30 days or delete unverified negative marks.
2. FACT Act Direct Dispute Rights
The FACT Act gives consumers the power to file direct disputes with credit furnishers, preventing lenders from ignoring reporting errors.
4. Steps to Stop Harassment
Send written cease and desist letters via certified mail to stop abusive phone calls and force formal written communications.
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Loretta Kilday
Debt Relief Specialist & Spokesperson, DebtCC
Loretta Kilday, Esq., is an accomplished litigator and transactional attorney with more than 30 years of experience across debt collection, bankruptcy, and related matters. DebtConsolidationCare features her as its spokesperson and public voice. She earned her J.D. from DePaul University College of Law and a B.S. in Finance from DePaul University.