FTC Fines Debt Collector $2.5 Million For Deceiving Consumers

FTC Fines Debt Collector $2.5 Million For Deceiving Consumers

After years of writing about shady practices by debt collectors, it’s nice to finally write that there’s a small bit of justice in this world. Today, the Federal Trade Commission announced a $2.5 million civil penalty against Asset Acceptance, one of the country’s largest debt collectors, for making misrepresentations and deceiving consumers in the name of collecting debts. [More]

Time Magazine Dubs 'The Protester' Its Person Of The Year For 2011

Time Magazine Dubs 'The Protester' Its Person Of The Year For 2011

After a year marked by mass public outcries in most parts of the world, and tilting at the windmills of everything from totalitarian governments to unchecked financial institutions, Time magazine has handed its annual Person of the Year cover to “The Protestor.” [More]

Verizon Tells Customer She Needs Lawyer & Subpoena For Itemized Bill, Judge Disagrees

Verizon Tells Customer She Needs Lawyer & Subpoena For Itemized Bill, Judge Disagrees

Earlier this year, a woman in Pennsylvania contacted Verizon to find out more information about the $4.19 she was being charged on her home phone bill for six, unspecified local calls. Big V told her it would provide the itemized information, if she got a lawyer with a subpoena. Several months later, and without an attorney, she finally got a judge to agree with her. [More]