Debt settlement companies have thrived on rising defaults on all sorts of consumer debt, especially credit cards and unsecured personal loans. Their profits have been through the roof even though the vast majority of their clients never successfully settle their debts. Newly proposed legislative limits still allow sky-high fees and almost no accountability.
Entries from April 2009
Proposed Limits on Debt Settlement Companies Too Lenient
April 13th, 2009 · 6 Comments
Tags: Consumer Protection · Debt Settlement · Eliminate Debt