OVC is sharing a new video from the Consumer Financial Protection Bureau (CFPB) to help consumers protect themselves from debt collection scammers.
The video describes the warning signs of debt collection fraud, including threats of jail time and pressuring the consumer into making a decision quickly. It's important to ask questions, become fully informed about the debt, and not be pressured by illegal threats. A real debt collector should answer questions and provide an address and a call back number for the company collecting the debt.
Watch the CFPB video to learn more about the tactics used by scammers. Also visit How can I verify whether or not a debt collector is legitimate? to receive answers to questions about debt collection.
Date Published: December 23, 2019