The Consumer Financial Protection Bureau (CFPB) has issued a consent order against a New Jersey debt collector accused of threatening and suing consumers to collect debts in places where it did not have a legally required license.
The bureau found RAB Performance Recoveries violated the Fair Debt Collection Practices Act and the Consumer Financial Protection Act by illegally demanding payment from consumers in Connecticut, New Jersey and Rhode Island.
Read on for details from the CFPB.
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