R.I. among 42 states to reach $6M settlement with Encore Capital Group

RHODE ISLAND CONSUMERS are to receive their share of $25,000, among other concessions, as part of a $6 million settlement covering 42 states and the District of Columbia with debt-buying company Encore Capital Group and its subsidiaries, accused of predatory collection practices, according to Attorney General Peter F. Kilmartin. / PBN FILE PHOTO/MICHAEL SALERNO
PROVIDENCE – Rhode Island joined 41 states and the District of Columbia in reaching a $6 million settlement with Encore Capital Group Inc. and its subsidiaries, Attorney General Peter F. Kilmartin announced. San Diego-based Encore Capital and its subsidiaries, Midland Credit Management Inc. and Midland Funding LLC, are among the nation’s largest buyers of consumer…

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