Collection companies are allowed to contact consumers and request payment, but within reason. Regulations on what is and is not allowed were passed in 1977 under the Fair Debt Collection Practices Act. This law was passed with the intention that it would serve two purposes:
While some Appleton, Wisconsin, residents are taking advantage of occasional sales at malls and different department stores, other people are saving up and waiting for Black Friday. The day after Thanksgiving, often known as Black Friday in the retail world, is a day when hundreds of people line up outside of stores and enjoy great deals and discounts. However, many retail businesses will make Black Friday an opportunity to offer perks that may attract consumers to sign up for store credit cards, which potentially result in credit card debt and more personal expenses.