Debt collectors target Facebook to get money back

dipsydoodle

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Wed Oct-19-11 05:33 AM
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Debt collectors target Facebook to get money back

The Office of Fair Trading is warning debt collectors not to pursue people who owe them money on social networking sites such as Twitter and Facebook.

It is concerned that embarrassing details about their financial problems will be revealed on the internet.

The OFT received complaints from debtors who were being pressurised online to pay off loans.

The regulator says it could strip perpetrators of their consumer credit licences to deter the practice.

http://www.bbc.co.uk/news/business-15348205

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