By: Joseph Sennish
I would submit that most of the debt buyer complaints originate with the original creditor. As a Recovery Manager in a commercial bank, my job was described to me as “being similar to following...
View ArticleBy: FriendoftheCourt
The FTC/OCC complaint data is interesting, but I suspect that it is skewed. The real question is how many of those complaints are valid. And in that light, the industry’s focus should be on those debt...
View ArticleBy: NewsDaily: Man United filing shows Glazers’ borrowing, buying debt «...
[...] The nature of purchased debt itself also probably plays a role in the elevated complaints volume. Debt that is bought rather than forwarded directly by credit grantors to collection agencies...
View ArticleBy: Collection Veteran Since 1964
My first comment is after spending over 40 years in managing charged off accounts, of which was 18 for three of the top five credit card banks, I never heard the statement about following elephants so...
View ArticleBy: Dan Cover
Hello. You write a ‘disproportionately’ high percentage at…10.7% of complaints are made against debt buyers, over two months? Then this “Only very large ARM firms appear in the Top Ten list, as...
View ArticleBy: Patrick Lunsford
Dan Cover: 10.7% of the complaints were logged against the Top Ten ARM companies, not just debt buyers (debt buyers accounted for 42 percent of the complaints then against the Top Ten). As for your...
View ArticleBy: complaints against debt collectors | Private Loans
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