FTC Continues to Protect Consumers from Abusive, Fraudulent Debt Collectors

Agency’s Activities over the Past Year Detailed in Annual Summary Provided to CFPB Over the past year, the Federal Trade Commission has continued its vigorous work on behalf of U.S. consumers suffering from unlawful debt collection practices, including bringing law enforcement actions against abusive and fraudulent operations, conducting education and public outreach initiatives, and implementing … Read more

MBNA Accused of Torturing Cardholder in UK

Story reported by BBC. MBNA bank has been accused by a High Court judge of “torturing” a customer with repeated phone calls demanding he repay his credit card. Keith Harrison had his debt of £20,270 written off by the judge, Nicholas Chambers QC, at Mold in North Wales. The judge said MBNA had failed to … Read more