Day: January 29, 2014

The Better Business Bureau (“BBB”) has recently received numerous complaints from consumers stating they have received debt collection calls from collectors representing themselves as the Federal Bureau of Investigation (“FBI”). Specifically, the complaints state that debtors have been receiving calls with the caller i.d. showing “Federal Investigations Department”.  Consumers most often answer the phone believing the call to be coming…

In a recent investigation into the regularly gripped about check authorization companies, the Federal Trade Commission (“FTC”) launched an investigation into the consumer practices of TeleCheck and found that its conduct was in violation of the Fair Credit Reporting Act (“FCRA”).  In response to the investigation, TeleCheck agreed to settle the dispute by paying $3.5 million and to alter its…