Business That Sold Fake Cash Advance Debts To Collectors Must Pay $4.1M

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Business That Sold Fake Pay Day Loan Debts To Collectors Must Pay $4.1M

We’ve heard it before: a business collection agencies business involved in a “phantom” financial obligation scheme for which they attempt to entice naive people into spending debts they don’t actually owe. While federal regulators have actually cracked straight down on these unscrupulous companies in past times, these are typically now switching their focus on the businesses information that is providing these expected debts.