This is just a snippet of what collection agencies will do. You should go to the link below and find out more. Knowledge is power and from the looks of it we need all the help from companies like CAMCO.
The FTC charged that as much as 80% of the money collected by Capital Acquisitions and Management (CAMCO), a large debt-collection firm, came “from consumers who never owed the original debt in the first place.” These consumers typically paid the company to stop its harassment of themselves, their families, their friends and their co-workers. CAMCO agreed to a $300,000 civil penalty in March 2004, but in the ensuing eight months the problems continued. The FTC received more than 2,000 additional consumer complaints about the company — three times more than the agency received in the two years prior to the settlement. The FTC eventually succeeded in shutting CAMCO down.
Sleazy new debt collector tactics – MSN Money
technorati tags:collection agencies, debt
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