Debt Collectors Infiltrate Facebook to Track Down Delinquent Borrowers

Date: Jan 25 2013

Filed under: Debt, Consumer Protection, Debt Collection

FacebookBy Mandi Woodruff

Debt collectors have time and again proven to be ruthless in tracking down delinquent borrowers, so perhaps it was only a matter of time before social media became their go-to hunting grounds.

In a report on the government’s attempt to tighten laws on collection practices, attorney Billy Howard tells Bloomberg’s Carl Dougherty about his client’s run-in with social media loan sharks:

Howard said he’s seen more aggressive use of social media by debt collectors, including…

Debt Collectors Infiltrate Facebook to Track Down Delinquent Borrowers originally appeared on DailyFinance.com on 2013-01-25T11:15:00Z.

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