Posts Tagged ‘Interest’
Second Circuit Holds that Letter Need Not Reference Nonexistent Interest
The U.S. Second Circuit Court of Appeals has issued its decision in Taylor v. Fin. Recovery Services, Inc., affirming that a debt collector’s letters did not violate the FDCPA by failing to state affirmatively that interest was not accruing. Taylor sued FRS asserting that it violated the FDCPA because its initial collection letter stated the…
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