Items Tagged with 'Freedom Debt Relief'

ARTICLES

  • Freedom Debt Relief: CFPB “fundamentally misunderstands” debt settlement process

    Nation’s largest debt settlement services provider will fight CFPB lawsuit
    Last week, the CFPB sued Freedom Debt Relief, the nation’s largest debt settlement services provider, claiming that the company repeatedly lied to its customers about the company’s ability to negotiate debt settlements. Freedom, on the other hand, claims that the CFPB “fundamentally misunderstands” the debt settlement process and says that it plans to “vigorously contest” the CFPB lawsuit.
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  • CFPB suing Freedom Debt Relief for deceiving customers

    Claims nation’s largest debt settlement services provider lies to customers
    Freedom Debt Relief, the nation’s largest debt settlement services provider, built its business on lying to its customers about the company’s ability to negotiate debt settlements, the Consumer Financial Protection Bureau claims. “Freedom took advantage of vulnerable consumers who turned to the company for help getting out of debt,” CFPB Director Richard Cordray said in a statement.
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