Debt Collectors Banned From Twitter And Facebook
If you’re having money troubles, here’s at least a small stress off your back: your debt collectors won’t be able to contact you through a tweet or a status update.
The Mirror is reporting that the UK Office of Fair Trading (OFT), which oversees the guidelines that debt collectors must adhere to, has outlined new rules for engaging with debtors on Twitter and Facebook.
In order to help the debtor reduce his or her “stress and embarrassment”, and avoid his or her money troubles from being made public, debt collectors may no longer contact debtors via social networks.
The
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