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FTC Shuts Down Fraudulent Debt Scheme Preying on Consumers with Fake Threats
A federal court has taken decisive action to shut down a phantom debt collection scheme, freezing its assets and temporarily ...
ConsumerAffairs11d
Federal court shuts down phantom debt scheme
As a result of a Federal Trade Commission lawsuit, a federal court hastemporarily halted the operations and frozen the assets ...
Business Insider1y
The 'phantom debt' of buy now, pay later is growing and will soon hit some Americans hard
However, because of how these de facto loans are handled, they are being called "phantom debt," since no one knows just how pervasive they are or how much of an anchor they are on the American ...
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Phantom debt and the pitfalls of 'buy now, pay later' plans | Dollars & Sense
Debt accumulated from those kinds of loans is called "phantom debt." “It’s called phantom because #1 it’s not reported and #2 because it’s not reported, economists and other financial ...
ConsumerAffairs11d
Managing and Understanding Debt
As a result of a Federal Trade Commission lawsuit, a federal court hastemporarily halted the operations and frozen the assets of a phantom debt collection scheme and its operators. The scheme has ...