As a footnote, this creditor contacted a neighbor who I don't know and pretented to be a friend of mine to gain information and then disclosed my private information when they were questioned by the neighbor. The creditor has my contact information but failed to contact me.
2006-09-19 06:54:21 · 6 answers · asked by santa 1 in Business & Finance ➔ Credit
Only if you allow them to. Read your contract.
2006-09-19 07:01:37 · answer #1 · answered by ginarene71 5 · 0⤊ 0⤋
Here's the problem....
You say a "creditor" is calling your neighbor. Is this the actual creditor you owe money to, or a collection agent?
In most states, the Fair Debt Collections Act only applies to collection agents, attornies, and other 3rd party collectors. The actual creditor can do pretty much whatever they want.
So if this was someone other then the creditor, they have broken several laws (see below) and could be sued for $1000 for each violation.
2006-09-19 12:58:19 · answer #2 · answered by Anonymous · 2⤊ 0⤋
A creditor can get information by ways that are lawful. But they cannot disclose your credit information to individuals like the neighbor.
Go to this site:
http://www.ftc.gov/bcp/conline/pubs/credit/fdc.htm
Hope this gives you the information there that you need.
2006-09-19 07:53:45 · answer #3 · answered by Anonymous · 0⤊ 0⤋
confident they are able to in the event that they have your authorization, what's undesirable is that maximum anybody isn't conscious that they have got given their consent. you're able to be able to desire to take specific care in analyzing the advantageous print. if your creditor is a financial business enterprise and you employ its credit card it may enable for disclosures. while u settle for a private loan or a card you're growing to be agreed on sharing training while u use the cardboard immediately. ( as does wells fargo and economic business enterprise of u.s. etc ) It additionally relies upon on what state you're in. States like ny and WI have strict rules against hiding disclosures interior the advantageous print.
2016-10-15 04:18:25 · answer #4 · answered by gaffke 4 · 0⤊ 0⤋
I think that's illegal. They are only allowed to discuss if you have given them written permission. Complain.
2006-09-19 08:04:35 · answer #5 · answered by Anonymous · 0⤊ 0⤋
Check-out this website...it may provide the answer you are seeking...
http://www.creditmanagementworld.com/legal/fairdebtcollectionact.html
2006-09-21 10:19:05 · answer #6 · answered by nickdc1960 7 · 0⤊ 0⤋