Credit Corp Solutions Sued Over Alleged Failure to Specify Amount of Debt

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Credit Corp Solutions Inc. (which does business as Tasman Credit) is on the receiving end of a proposed class action lawsuit that accuses it of violating the Fair Debt Collection Practices Act (FDCPA). According to the complaint, the defendant sent a New York woman a collection letter in which it failed to inform her that her account balance was increasing due to interest, late fees, and other added fees. Though the letter allegedly implied possible increases by demanding “any further amount which may become due,” the suit argues that under FDCPA requirements, the defendant was obligated to clearly specify how much the plaintiff would need to pay to satisfy the alleged debt and failed to do so.