There are a few groups of businesses that numerous people have been waiting for the Consumer Financial Protection Bureau to get in order. Probably the leading one would be debt collection agencies, which have been issued a number of tips by the Consumer Financial Protection Bureau.
In the first two articles I wrote about what a collections account was, how sending delinquent accounts out to an agency profits a creditor, and the act of a third party collection agency buying old debt from a creditor.
It seems as though record companies have developed a new game plan in order to collect royalties. As we all know, the music industry attempted to sue individual users who illegally downloaded songs. But because of this approach to recover from major fiscal loss has destroyed their public image.