Collection Agencies and Illegal Payday loans
Date: Fri, 09/04/2009 - 04:35
If a collection agency is attempting to collect for an illegal payday loan does it make that collection agency culpable for fraud, and if the collection agency violates the FDCPA when they are collecting for an illegal payday lender can they then be considered a "criminal enterprise".
any thoughts on this would be appreciated.
any thoughts on this would be appreciated.
not sure about that.i'm almost positive that the CA collecting w
not sure about that.i'm almost positive that the CA collecting will be unlicensed as well,and will violate the FDCPA all ways to sunday.that being the case.that is what the FTC,AG'S,and the BBB are for.
All three are excellent options I am just exploring another tool
All three are excellent options I am just exploring another tool for the arsenal. I have a certain NJ CA in mind to be my test target. Usually if they are violating one set of laws there is a reasonable possibility that more is going on. I looking to find something with a little more sting that cant be brushed off as the price of doing business. I am going to contact the Assistant USDA covering NJ and see if there's any interest.