It cannot be fun times at Freedom Debt Relief right now given the number of actions that have placed them in the crosshairs. It looks like the bad times are continuing. While I was checking on any updates regarding the suit by the Consumer Financial Protection Bureau against Freedom Debt Relief (more here and here) …
Thanks to an awesome reader it was pointed out that there have been some interesting developments discovered as a result of the court action by the Consumer Financial Protection Bureau against Freedom Debt Relief. The reader directed me to a public court document from July of 2017 where Andrew Houser, an afable smart guy in …
I’ve had the opportunity to talk to a number of people in the debt relief space since the Consumer Financial Protection Bureau filed suit against Freedom Debt Relief and Andrew Houser. Those in the debt relief industry know Houser to be a smart and friendly guy who has created the largest debt settlement company. The …
SAN MATEO, Calif., Nov. 9, 2017 /PRNewswire/ — In response to a formal complaint filed against Freedom Debt Relief by the Consumer Financial Protection Bureau on November 8, the company today issued the following statement to its family of clients, employees, and communities it serves: Freedom Family – Yesterday the Consumer Financial Protection Bureau (CFPB) …
Details from the suit filed today by the CFPB present an interesting set of facts. Some of these issues almost every debt settlement company in the United States must deal with on a daily basis. The CFPB complaint makes these interesting statements. “Freedom instructed its customers who had been making payments to their creditors to …
The Consumer Financial Protection Bureau (CFPB) today filed a lawsuit against Freedom Debt Relief, the nation’s largest debt-settlement services provider, and its co-CEO Andrew Housser for deceiving consumers. The CFPB alleges that Freedom charges consumers without settling their debts as promised, makes customers negotiate their own settlements, misleads them about its fees and the reach …
It took five years but an issue dragging along behind Freedom Debt Relief has finally been evicted. Back in the pre-TSR days Freedom was sued in New Hampshire. Freedom has used their own skills and settled the debt that was generated by the issue. According to the Union Leader, “Nearly 100 New Hampshire residents are …
While this news comes out of England, it is as equally true here in the U.S., in my opinion. I’ve always been amazed that someone has not developed a completely automated online system to help people interface with their creditors, manage their money and help them invest. This sort of solution would also help to …
San Mateo, Calif. (PRWEB) July 22, 2015 Freedom Financial Network (FFN), the largest negotiator of consumer debt in the nation, reports results for the first quarter of 2015 that include negotiation of $279.8 million of debt for clients. The results represent an increase of 10.2 percent over the first quarter. During the second quarter, FFN …
I wish I had a time machine to go back two years and tell Andrew Houser of 2010 that he’d be praising the FTC for implementing the Telemarketing Sales Rules in 2012. In a syndicated article out today, Houser, the CEO of Freedom Financial Network says this about the FTC changes: “Prior to the implementation …