Trump’s debt that is weak rules would keep Mainers in danger of harassment and frauds
Robo-calls from unrecognized or numbers that are blocked calling for re re re payments that individuals don’t owe. Debt collectors calling times that are multiple time, failing continually to determine on their own, lying about what’s owed, or breaking Mainers’ privacy by talking about your debt to whomever answers the phone. Businesses calling at all full hours even with they’ve been told to end or deliver information written down.
Federal information demonstrates that even you likely know someone who has if you haven’t experienced harassment by debt collectors. Almost one in three Mainers includes a financial obligation in collections, with the majority of that debt originating from unpredictable, unavoidable medical costs.
Mainers will also be increasingly afflicted by debt scammers, whom utilize predatory strategies and threats to fit money that is hard-earned of Mainers for nonexistent financial obligation, expired debt, or financial obligation owed by another person.
We want strong federal legislation to protect Mainers, but President Donald Trump’s customer Financial Protection Bureau, or CFPB, is proposing poor rules which will do small to cease financial obligation harassment and frauds.