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Phantom financial obligation brokering: a form that is emerging of theft

Phantom financial obligation brokering: a form that is emerging of theft

The FTC recently announced a “phantom debt broker” settlement. Phantom financial obligation is financial obligation that is fabricated then addressed as though it had been genuine financial obligation that could possibly be gathered from customers. Of this debt that is phantom the FTC has labored on, this instance in specific supplied a definite view into methods that form the modus operandi for the newly growing variety of identification theft.

Financial obligation agents are companies that purchase and sell financial obligation.