Credit Bureau Collection Services Fined for Violating Federal Laws

Credit Bureau Collection Services and its officers, Brian Striker and Larry Ebert, have been charged with violating consumer protection laws through illegal debt collection tactics. As a result, the company will pay a $1.1 million civil fine to the Federal Trade Commission.

The FTC charged that the company committed numerous violations on a large scale. These include:

  • Reporting inaccurate information to credit bureaus even after consumers proved the debt was inaccurate.
  • Illegally trying to collect invalid debts.
  • Failing to investigate disputes submitted by credit bureaus.
  • Asserting that debt was still owed even after receiving proof that the debt was paid.

According to the FTC, the company violated the FTC Act, the Fair Debt Collection Practices Act and the Fair Credit Reporting Act. The defendants did not admit guilt, but have agreed to pay the fine to settle the allegations brought by the FTC.

If you believe that your rights have been violated by any collection agency, the FTC requests that you report your encounter online or call 1-877-382-4357.

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