A debt collection firm has been ordered to redress consumers harmed by its allegedly deceptive collection tactics per a settlement with the Consumer Financial Protection Bureau (CFPB). The company was charged with falsely threatening consumers with wage garnishment, arrest and other repercussions for failing to pay their debts.
The company agreed to pay at least $236,800 in restitution to affected consumers and penalties, and to record calls with consumers to prevent future false statements to consumers.
Find out more about the terms of the settlement.