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Originally posted by ThePornGuy
Doesn't this open the site owner, your company, and the credit beraeu up for a law suit according to the FCRA (fair credit reporting act)
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PornGuy,
Anytime you try to collect a debt from a consumer, you are subject to the Fair Debt Collection Practices Act (FDCPA). AdultRep is able to collect in all 50 states and we follow all licensing and collection requirements in every state that we do collections in. Of course, we do not have a collection license in every state and in those circumstances, we forward the matter to a collection agency that does have the ability to collect from consumers in that state. AdultRep maintains reciprocal collection agreements so that our clients have the ability to get their money back from consumers who chargeback in every state.
Just because there is a law that governs the collection of debts, doesn't mean we should ignore the rampant fraud that goes on in this industry. Our service gives webmasters a cheap and easy option to collect debts against the consumers who are robbing them -- while allowing them to stay compliant with all federal and state collection laws.
Victoria