The Attorney General of Massachusetts has reached a $600,00 settlement with a payment processing company that was accused of assisting a debt settlement company in engaging in unlawful business practices such as charging consumers premature and inflated fees. A copy of the Assurance of Discontinuance, filed against Global Holdings, can …
Read More »Mass. AG Levies $1M Fine Against Debt Settlement Company
The Attorney General of Massachusetts has announced a consent order with a debt settlement company that will pay $1 million to settle claims it took advantage of consumers by charging them “significant” fees for negotiating settlements with creditors and enrolling consumers in “unaffordable” programs that left consumers “in worse financial …
Read More »Debt Settlement Firm to Repay Consumers $5.4M Under Agreement With CFPB
A District Court judge in Massachusetts has been asked to sign off on a settlement between the Consumer Financial Protection Bureau and a debt settlement company that was sued for allegedly engaging in abusive and deceptive acts and practices by charging fees before it performed any services and collecting higher …
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