New Restrictions for Debt Settlement Firms
The Federal Trade Commission on Thursday announced restrictions on companies that purport to help borrowers get rid of crippling amounts of debt. The effort aims to address complaints about lenders that charge huge fees but fail to reduce the obligations of customers in debt.
New Restrictions for Debt Settlement FirmsFeds crackdown on debt settlement companies
Upfront fees no longer allowed in many cases New restrictions were placed Thursday on companies that purport to help borrowers get rid of crippling amounts of debt.
Feds crackdown on debt settlement companiesQuestions To Ask To Get Out Of Debt
Credit counselors can help--but only if you sweat the details of their plans.
Questions To Ask To Get Out Of DebtFTC Adopts New Rules to Begin Curbing Debt Settlement Industry Abuses
New Regulations Bar Debt Settlement Companies from Collecting Fees Unless Consumers Get Relief
FTC Adopts New Rules to Begin Curbing Debt Settlement Industry Abuses