The Credit Trap: How Credit One Built an Empire Off People Struggling to Pay the Light Bill

Imagine this. You’re behind on rent. Your phone won’t stop ringing. You need gas to get to work. And in the middle of all that stress, an envelope arrives promising hope: “You’re pre-approved for a credit card!” That card? It’s from Credit One. What you don’t see until later is how this “opportunity” comes with …

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Lawsuit Shows Just How Frustrating Validating a Debt Can Be

A consumer, Juan Flores, filed suit against LVNV Funding and Resurgent Capital Services in what appears to be an overwhelming frustration with just getting a debt validated to make sure the collection claim is accurate. There is no better way to cover the frustration than to let the complaint speak for itself. FACTUAL ALLEGATIONS 9. …

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