Freedom Debt Relief agrees to pay $20M in restitution to settle CFPB lawsuit

PROVIDENCE – The nation’s largest debt settlement services provider, Freedom Debt Relief LLC, has agreed to pay $20 million in restitution to affected consumers and a $5 million civil money penalty to settle a lawsuit by the U.S. Consumer Financial Protection Bureau. The settlement comes about a decade after California-based Freedom Debt Relief agreed to…

Want More?

Subscribe or register with Providence Business News to keep reading.

REGISTER
for 2 more stories

Subscribe now for $1 for 4 weeks
Already a Subscriber? Login now

Purchase NowWant to share this story? Click Here to purchase a link that allows anyone to read it on any device whether or not they are a subscriber.

- Advertisement -