Afni
A class action lawsuit alleges debt collector Afni sent deceptive letters to car accident drivers, falsely implying they owed legally enforceable debts and threatening license suspension. The claims were actually unadjudicated insurance subrogation demands. Here’s what to do if you get one.
Afni Inc. faces a class action alleging it sent auto crash damage claim letters disguised as debt collection notices. This follows a 2020 CFPB fine of $500,000 for inaccurate credit reporting. Know your rights before paying.
Quick Answer: Morgan Drexen’s Preferred Creditor Program faces legitimacy questions due to a CFPB lawsuit revealing commission-based compensation structures. The program claims to offer guaranteed settlement percentages and reduced collection costs, but legal challenges suggest potential industry-wide problems with creditor compensation arrangements.Last week new information in the lawsuit between Morgan Drexen and the CFPB brought …
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