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Released: December 24, 2012
Florida debt-relief firm penalized by CFPB
Source: Carter Dougherty, Bloomberg.com
A Florida debt-relief company will pay as much as $100,000 in refunds to customers under the first joint enforcement action between the Consumer Financial Protection Bureau and its state allies.
Payday Loan Debt Solution Inc. was found to have routinely charged consumers up-front fees for assistance in settling debts, the Consumer Bureau said in a statement outlining the order entered today by the U.S. District Court for the Southern District of Florida.
Read Full Article: Florida debt-relief firm penalized by CFPB
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