Sentences with phrase «debt relief companies say»

Some credit counseling and debt relief companies say bankruptcy should be avoided at all costs so they can promote their brand of debt help.

The debt relief company says they can negotiate the total down by half to, say, $ 10,400, and that it will only charge you a «fee» of 25 percent of the $ 9,600 you «save».

Not exact matches

They said the company is not currently pursuing a debt restructuring, although it is seeking relief from a $ 225 million term loan due in 2020 and $ 200 million revolving credit line that comes due in 2019.

«Debt relief or settlement companies often claim that they can work with your creditors to reduce the amount of money you owe, but that doesn't necessarily mean your loan will settle,» said Dudum.

And the leaders of K - 12 Inc. settled a high - profile court case with California Attorney General Kamala Harris this year, agreeing to dispense millions in payments and debt relief to their nonprofit school operators after state officials said the Virginia - based company misled the state in order to take in more public funding.

Last year the Consumer Financial Protection Bureau took action against two companies — College Education Services and Student Loan Processing — that it said «exploited vulnerable student loan borrowers, made false promises about their debt relief services, and charged illegal upfront fees.»

No other Arizona debt relief company can say that!

«Federal prosecutors have been very aggressive in going after so - called student debt relief companies in recent years,» Michelle Corey, president and CEO of the Better Business Bureau in St. Louis, said in the release.

Some of the most common reviews simply say what a great company Freedom Debt Relief is to work with.

«We see clients who are desperate for help after being victimized by disreputable debt relief companies,» said Thomas DiFiore, Staff Attorney and Team Leader for the Bay Area Legal Services Inc. «The Attorney General's consumer protection initiative is exactly what our clients need.»

They say «This Watch List names companies that charge for fraudulent or questionable debt relief services.»

The Federal Trade Commission filed a lawsuit Feb. 9, 2017, against three interrelated student loan debt relief companies for allegedly violating Section 5 of the FTC Act and the Telemarketing Sales Rule.The FTC issued a press release saying that the defendants illegally charged thousands of consumers more than $ 28 million.

As they say, «The National Debt Relief Foundation, in conjunction with creditors, consumers and debt settlement companies, has created the Fair Credit Assessment Program (FCAP) and FCAP Index.&raDebt Relief Foundation, in conjunction with creditors, consumers and debt settlement companies, has created the Fair Credit Assessment Program (FCAP) and FCAP Index.&radebt settlement companies, has created the Fair Credit Assessment Program (FCAP) and FCAP Index.»

Where the FTC missed the target was when they said the new rules did not apply to secured debt because they felt «There is no evidence in the record of deceptive or abusive practices in the promotion of services for the relief of non-mortgage secured debt» but they appear to have missed the recent influx of auto loan modification companies that are springing up.

Especially when the FTC has said «If you work with debt relief companies, review their policies, procedures and operations to make sure they're complying with the Rule.