Bohemia, NY (PRWEB) November 12, 2012
On November 12, collection agency Rapid Recovery Solution comments on an article published by The Spokesman-Review which reports on harassing debt collection calls and offers tips in identifying phony debt collectors.
According to The Spokesman-Review, “A California man at the center of 4,000 complaints to the Federal Trade Commission and state attorney generals’ offices has agreed to settle charges that he and his companies worked with bogus debt collectors in India to deceive and threaten consumers into paying debts they didn’t owe or that the defendants were not authorized to collect.” The article reports that some debtors have received harassing phone calls in which callers would claim that they were filing a lawsuit or claim that they were from the local police department. “[T]he FTC says callers would falsely threaten to immediately arrest and jail consumers if they did not make a payment on a supposedly delinquent payday loan, demanding on average $300, but sometimes as much as $2,000,” reports the article.
John Monderine, CEO of the collection agency Rapid Recovery Solution, states, “I think it is absolutely deplorable for a business owner to try and take advantage of people. How can somebody think that stealing money from people won't eventually catch up with them?”
The Spokesman-Review reports ways to determine if a collection call is from a phony collector. According to the article, not providing a phone number or mailing address, asking for payment for an unfamiliar loan or debt, and threats to be arrested or fired are all red flags. If this occurs, the article recommends hanging up and contacting either the Federal Trade Commission or a local Better Business Bureau office.
Founded in 2006, RRS Collection Agency is headquartered at the highest point of beautiful Long Island. Rapid Recovery Collection Agency is committed to recovering your funds. We believe that every debtor has the ability to pay if motivated correctly. We DO NOT alienate the debtors; we attempt to align with them and offer a number of ways to resolve not only your debt but also all their debts.