Student Loan Scam

NY AG Stops Debt Collection Company from Harming Students

[NYC\Student Debt Collectors]
James: “Today, my office is holding Transworld accountable for the unlawful and manipulative student loan debt collection practices that affected thousands of New Yorkers…“For years, Transworld used fraud and deception to pursue defaulted borrowers.”
Photo: Twitter

Letitia_James1

ATTORNEY GENERAL JAMES: CONSUMER FINANCIAL PROTECTION BUREAU DEBT COLLECTION RULE MUST BE CHANGED

[Consumer Protection News]
NY AG James: “The CFPB’s proposed rule puts the interests of debt collectors ahead of consumers. Too many New Yorkers suffer from harassment and abuse at the hands of debt collectors. Rather than reign them in, the CFPB is proposing to give them new avenues to do harm by allowing debt collectors to contact consumers using social media and email.”
Photo: Wikimedia Commons