Debt Settlement & Relief Services Archives

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Need Help with Debts? Don’t Get Burned by Scammers—Know the Facts About Debt Relief!

March 29, 2018

This fact sheet covers different types of debt relief and what consumers should watch out for.

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Asking the Wrong Question: A Critique of the Debt Settlement Industry's Data Analysis

October 1, 2020

Every few years, since 2012, the debt settlement industry has released a report asserting its worth to consumers. The reports are commissioned by the American Fair Credit Council (AFCC), a trade association representing the debt settlement industry.

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Debt & Bankruptcy

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How to File a Complaint with the CFPB About Debt Settlement or Other Debt Relief Services

September 8, 2020

Anyone can file a complaint: You can file one about your own problem A lawyer, housing counselor, social worker or anyone else can file a complaint fora client A family member or friend can file a complaint for someone else

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Statement Regarding CFPB Settlement with Nation’s Largest Debt Relief Company

July 9, 2019

FOR IMMEDIATE RELEASE: July 9, 2019 Washington, D.C. – Today, the Consumer Financial Protection Bureau (CFPB) announced the settlement of a lawsuit it had brought against Freedom Debt Relief, the nation’s largest debt settlement company. According to the CFPB, the company agreed to pay $20 million in restitution to affected consumers and a $5 million…

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Advocates Applaud CFPB for Suing Firms Accused of Illegally Taking Upfront Fees for Credit Repair Services

May 3, 2019

Advocates Applaud CFPB for Suing Firms Accused of Illegally Taking Upfront Fees for Credit Repair Services WASHINGTON– Advocates at the National Consumer Law Center applaud the Consumer Financial Protection Bureau’s (CFPB) legal action against Lexington Law and several internet-based marketers (PGX Holdings Inc. and subsidiaries Progrexion Marketing Inc., Progrexion Teleservices Inc., eFolks LLC, and CreditRepair.com…

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Need Help with Debts? Don’t Get Burned by Scammers—Know the Facts About Debt Relief!

Asking the Wrong Question: A Critique of the Debt Settlement Industry's Data Analysis

Debt & Bankruptcy

How to File a Complaint with the CFPB About Debt Settlement or Other Debt Relief Services

Statement Regarding CFPB Settlement with Nation’s Largest Debt Relief Company

Advocates Applaud CFPB for Suing Firms Accused of Illegally Taking Upfront Fees for Credit Repair Services

Support NCLC