Student Loan Debt Collector Will Pay $700,000 for Unlawful Collection Calls in Settlement with FTC

GC Services, a large debt collector charged with using unlawful tactics to collect on federal student loans and other debts, will pay a $700,000 civil penalty under a settlement with the Federal Trade Commission. Student loan debt is a large and growing segment of the U.S. debt collection industry, according to the FTC. More than […]