Archive for October, 2011

Obama Backing Cell Phone Calls From Debt Collectors

Posted on October 6, 2011. Filed under: Debt in America | Tags: debt collection cell phone calls, federal debt collection, Telephone Consumer Protection Act |

In an effort to collect a greater percentage of past due moneys owed for federally backed student and other loans, President Obama is lending his support to debt collection calls to debtors via cell phone.  Allegedly disappointing both consumer groups and Democrats alike, the President claims this move will help debt collectors reach consumers at [...]