Missouri News: Attorney General Josh Hawley Announces $6 Million Settlement with Encore Capital, Midland Credit Management, and Midland Funding

6Dec - by Editor - 0 - In STL.News



Jefferson City, MO – Missouri Attorney General Josh Hawley yesterday announced that Missouri joined 41 states and the District of Columbia in reaching a $6 million settlement with Encore Capital Group Inc. and its subsidiaries Midland Credit Management, Inc. and Midland Funding, LLC, one of the nation’s largest debt buyers.

Debt buying involves buying and selling overdue debts from creditors and other account owners.  Often purchased for pennies on the dollar, debt buyers seek to recover the full balance from consumers through collection attempts by phone and mail. 

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