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FTC issues warning on fake debt collectors

By OLA in the News

(CHICAGO) (WLS) — The Federal Trade Commission warns consumers about what they call fraudulent debt collectors.

The agency says the companies included in a new lawsuit prey on people who have used online payday loan services. The lawsuit was filed against two companies and one individual. Officials say they used threats and scare tactics to get people to make payments they do not really owe.

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