5 debt collection scams to watch out for

Published: Wednesday, Feb. 27 2013 10:17 a.m. MST

Richard Drew, Associated Press

The job of collection agencies is to settle a debt, but sometimes they use unethical and illegal ways to do so. Take a look at these five scams pointed out by Investopedia to know if you are being treated fairly by agencies.

Reports for scams, threats or harassment should be reported to the Fair Trade Commision at 1-866-653-4261.

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Commenter88
Salt Lake City, Utah

It would be nice to have a follow up story on this to inform readers of where this information can be found as a primary source. Firms in Utah are using these very scams and lying to courts to to collect money from people suffering from debilitating diseases and incapacitating health.

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