From Government Report Recommends Significant Changes to FDCPA

• John C. Smith: When I spoke to several lawmakers 32 years ago it was evident that they had little knowledge of how a collection agency operated and how it was a benefit to the average consumer. The sad part of this witch hunt was that the majority of complaints were directed at finance companies and retailers...

From Analyzing the GAO Recommendations for FDCPA Reform

• mottola: I think that there should be reform on debt collections.. and agree it should begin with debt buyers... unfortunately alot of comapanies have received a bad name because of the debt buyers business that they then place with a 3rd party agency. I feel as if the whole situation is a mess and don't know where to begin.