Sentences with phrase «abusive debt settlement practices»
In 2010, we were involved in establishing Federal Trade Commission rules that ban abusive debt settlement practices.
https://www.freedomdebtrelief.com/ Not exact matches
The GAO report found that «some debt settlement companies engage in fraudulent, deceptive, and abusive practices that pose a risk to consumers.»
The Ontario government announced last week that it will be instituting measures to curb the abusive practices of «debt settlement» companies.
«GAO found the experiences of its fictitious consumers to be consistent with widespread complaints and charges made by federal and state investigators on behalf of real consumers against debt settlement companies engaged in fraudulent, abusive, or deceptive practices,» the report concluded.
However, there have been allegations that some debt settlement companies engage in fraudulent, abusive, or deceptive practices that leave consumers in worse financial condition.
GAO's investigation found that some debt settlement companies engage in fraudulent, deceptive, and abusive practices that pose a risk to consumers.
Rather, recent complaints and enforcement actions demonstrate that particularly abusive practices have been found in the debt settlement industry.
Based on my experience in covering stories about debt settlement abusive practices it seems like the advance fee ban initiated by the FTC goes a long way to protect consumers but is not so hard and fast that there are not some small allowances given to debt relief providers.
The FTC has adopted final rules to protect consumers from deceptive advertising and abusive business practices by the debt settlement industry;