Debt Collector Offers Payback

Published on:
12 September 2006 at 10:20 a.m. ET

Written by: Unknown Author –

http://www.insidearm.com/news/00001380-debt-collector-offers-payback/

More than 500 people in Australia pressured by debt collectors to pay old debts which many could not recall will be reimbursed as part of a crackdown on heavy-handed collection tactics.

The Australian Competition and Consumer Commission said the debt collection company Collection House had agreed to pay $660,000 to 504 people after collecting debts over six years old.

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