PSettlement Promoting Personal Loans Gets CFPB Atention

The Consumer Financial Protection Bureau (CFPB) just announced a lawsuit against Performance SLC, Performance Settlement, and CEO Daniel Crenshaw. As part of that suit, the CFPB also had some strong feelings about settlement companies that draw in consumers with hope of getting an unsecured loan and instead wind up pitched a debt-settlement solution. The claims … Read more

What the Dodd-Frank Act: What It Means for Credit and Housing Counseling Agencies and Other Debt Relief Service Providers

The following article was put out by the Venable law firm and is republished with permission of Jeff Tenenbaum, a rock star in debt relief compliance issues. President Obama ushered in a new era of regulation over credit counseling, housing counseling, and other debt relief services that will have a broad impact for years to … Read more