The Connecticut Department of Banking has issued a cease and desist and civil penalty against New Life Consultants / New Life Financial Solutions for running afoul of the Debt Adjusters and Debt Negotiation statutes.
After giving the New Life folks a chance to respond, the State gave up and has now issued a $100,000 fine against the troubled company. – Source
But I seriously doubt Connecticut is going to ever see a penny since the FTC already nailed New Life. The New Life business model has been a concern of mine since April, 2011. You can see all the New Life stories here.
AMF.
Sincerly,
You are not alone. I'm here to help. There is no need to suffer in silence. We can get through this. Tomorrow can be better than today. Don't give up.
You are not alone. I'm here to help. There is no need to suffer in silence. We can get through this. Tomorrow can be better than today. Don't give up.
I can always use your help. If you have a tip or information you want to share, you can get it to me confidentially if you click here.
Steve Rhode is the Get Out of Debt Guy and has been helping good people with bad debt problems since 1994. You can learn more about Steve, here.
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