Average personal loan debt: $8,018. Personal loans are unsecured debt governed by the original loan agreement and state law. If in collections, FDCPA applies. Many collection agencies lack original documentation.
Common CBE Group Violations
Auto-dialer calls without consent
Failing to identify as debt collector in communications
Misrepresenting the character or amount of debt
Personal Loan Debt Dispute Strategies
1
Demand debt validation under FDCPA
2
Check statute of limitations in your state
3
Verify the amount is correct
4
Negotiate settlement if valid
5
Dispute credit reporting errors under FCRA
Tips Against CBE Group
CBE collects telecom debts — verify the account was actually yours
Request all call recordings — they're required to maintain them
FCC complaints get faster resolution for telecom-related debts