College Loan Debt Collector Settles with FTC for $700,000 in Unlawful Collections Case

iStock

College Loan Debt Collector Settles with FTC for $700,000 in Unlawful Collections Case

Feb, 28th 2017

Student loan debt is a large and growing segment of the U.S. debt collection industry, according to the FTC. More than 40 million consumers have outstanding loan debt, carrying an average balance of $29,000. GC Services is a third-party debt collector of defaulted federal student loans and other types of debt.

The FTC’s complaint against GC Services Limited Partnership, filed on the FTC’s behalf by the Department of Justice, alleged that the company’s collectors left phone messages that illegally disclosed purported debts to others without their permission.

GC Services employees also...

Read More

Join Us. We are waiting for you!

Sign Up Today!

We welcome you to our community where you can gather and share information on debts and issues which may have your life unsettled. Together we thrive!


Logo mobile 4b2fda9e088d7249be95ede0cc3adea2de299a346ba55b450264e0c976b239c5

Join our community Today! IT'S FREE

Our Interactive Knowledge Base Has All The Infomation You Need To Settle Your Debt & Settle Your Life™

SIGN UP NOW!

Join, Resolve & Share!