New Service Targets Debt Collectors Helps Consumers

Wired PR News — NEW YORK / FOR IMMEDIATE RELEASE / June 12 – Consumer Protection Institute (CPI) (http://cpinstituteonline.org) has released DebtResponse – its new web-based, self-service solution that protects and educates consumers targeted for debt collection. This low-cost service was developed in response to a growing need for an intermediary between collectors and consumers. […]

Economy sparks new ideas with collection agency

As the economy slumps, more consumers than ever are failing to pay their debts -which causes financial distress to the businesses that lent them money. According to a recent article in Business Week, credit card issuers expect bad debt to reach an estimated $96 billion in 2009 – and that’s just on credit card debt. […]