They are already calling!!!
YES third-party DEBT collection companies are buying up all our old debt and will force you to pay! Plus they do not have to prove you are the actual debtor. And continue to call you 7 times or a day for each debt? What if your 7+ years old debt could come back and haunt you. . .What are you gonna do?
The Consumer Financial Protection Bureau (CFPB) has proposed a rule governing third-party debt collectors. The proposal adds some consumer protections but also weakens the Fair Debt Collection Practices Act (FDCPA) by undermining its goals of stopping harassment, protecting consumer privacy, and preventing collection against the wrong person or in the wrong amount. Public comments are due before September 18, 2019.
WELL.... By the way this government agency is suppose to be protecting us from predators such as third-party debt collectors, better known as attorney firms who are not making money, so they are buying up old debts and creating their own rules. . .
Ok State Representatives, Congressman, Mayors and City Council what is your plan to STOP this proposed rule, that adds greater pressure to the working class Americans!!!!!!! Share this post today with everyone! SEE the link below, to use your VOICE!!!!
Imagine getting 56 calls a week saying, You owe over $50,000 -1,000,000 in debt and if you don't pay up, I'll take everything you own. How much more stress can you take, before you fall apart?
In the United States, someone has a heart attack or stroke every 40 seconds. Each minute, more than one person in the United States dies from a heart disease-related event says CDC. This is STRESSFUL to and if you are ignoring your body signal, let's talk about that a little latter. . .
Can you afford another financial attack on your monthly bills? ? ?
Are willing to share this with your Elected Officials to help remove this 'PROPOSED DEBT COLLECTION RULE before September 1st, 2019!!! We can not afford to procrastinate! WE MUST TAKE ACTION!
Click for more details: https://www.nclc.org/take-action/take-action-debt-collection-rule.html
COPY & PASTE if needed, thanks!
Special thanks to The Money School: https://www.dcrac.com for a great information. Other opinions and questions are directly from Eliza Dukes and links added.
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