Industry Downplays FTC Complaints, Plans Ombudsman Complaint Program

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Industry Downplays FTC Complaints, Plans Ombudsman Complaint Program

The collection industry responded to news that agents in 2007 led the list of consumer complaints filed with the Federal Trade Commission. The general comment: Duly noted, we’re working on it, but the methodology doesn’t account for the vast majority of contacts with consumers that lead to a satisfactory debt resolution. The FTC reported Friday that there were a total of 91,019
 
Topic: Debt Purchasing