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Posts tagged: debt collection

Debt collection firm agrees to repay Idahoans after abuses

Idahoans who were targeted in misleading and deceptive debt-collection practices by a national debt collection firm, NCO Financial Systems Inc., are eligible for a share in a $50,000 restitution pool, under a multistate settlement announced today by Idaho Attorney General Lawrence Wasden. The firm also agreed to change its collection practices. “This settlement is important because it benefits prior, present and future consumers,” Wasden said. “It provides for a restitution fund to assist damaged consumers, while also protecting current and future consumers from potential debt collection abuses.” Click below for his full announcement; Idahoans affected have three years to apply for the funds.

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Betsy Z. Russell covers Idaho news from The Spokesman-Review's bureau in Boise.

Named best state-based political blog in Idaho for 2013 by The Fix

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