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Author: Sergei Lemberg
Is Transworld Systems, Inc Calling You?
In November 2015 the Federal Trade Commission, in conjunction with other federal and state agencies, confirmed that charges were being brought against debt collectors all across the nation for allegedly using unethical and abusive debt collection practices.
It’s confirmation that a widespread problem exists, and more consumers need to know what to do if it happens to them.
Is Transworld Systems legit?
Transworld Systems is a legitimate business, and its collections practices should be taken seriously. Transworld Systems was established in 1970 and opened its BBB file in 1990. The BBB has not accredited Transworld Systems, however the company has received an A+ rating from the BBB. Zoominfo estimates that Transworld Systems has an annual revenue of $931 million, and an employee base of 2,400.
According to its website, Transworld Systems is “redefining innovation across ARM, debt collection, BPO and CRM—every day. With market leading proprietary collection analytics and algorithms, digital collections, omni-channel communications, and global scale, [they] are the hub for maximizing operational success.”
About the author:
Sergei Lemberg is a consumer rights attorney, practicing since 2006, whose practice focuses on consumer law, class actions and personal injury litigation. He is known for a United States Supreme Court case (Facebook v. Duguid) defending consumers from autodialers under the Telephone Consumer Protection Act of 1991 to send unsolicited text messages. He is also the author of Defanging Debt Collectors, a book that teaches consumers how to battle debt collectors and win.
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