The Consumer Financial Protection Bureau (CFPB) requested today that a federal district court enter a final judgment and order that, if entered by the court, would require DMB Financial, LLC to pay consumers at least $5.4 million for charging unlawful fees and failing to provide required disclosures to its customers, and a civil penalty. The …
An email went out recently that said it should be shared with a friend, and that’s what a friend did. In January of 2021, the debt settlement industry started a new trade group, Consumer Debt Relief Initiative (CDRI). – Source But then another debt settlement industry trade group swept the legs out from under the …
I bet DMB Financial wishes they would stop appearing in newsworthy resources. A couple of months ago, I wrote about a bankruptcy trustee in North Carolina that sued them to claw back debt settlement fees charged to a consumer that then went on to file Chapter 7. Click here to read that. Here is the …
Not long ago I wrote about a debt relief company, DMB Financial that sued the Consumer Financial Protection Bureau (CFPB) in what looked like an effort to get out from under an investigation. See this post. Well, a few minutes ago, I was notified the CFPB went ahead and sued them. The CFPB said, “Today, …
In researching my last post on DMB Financial about the lawsuit they filed against the CFPB I could not help but notice recent suit against them by a Chapter 7 Bankruptcy Trustee in NC. I can’t imagine there are many fun days in DMB Financial these days unless you like conflict. On October 14, 2020, …
DMB Financial filed suit yesterday agains the Consumer Financial Protection Bureau (CFPB). DMB Financial says, “In 2016, the Commonwealth of Massachusetts initiated an investigation against DMB that was designed to seek retribution for DMB’s Chief Operating Officer exercising his right to appear in front of the State Legislature to oppose legislation the Commonwealth’s Attorney General …
Date Received: 2018-06-22T00:00:00 Product: Debt settlement Issue: Problem with customer service Consumer Consent Provided to Share Complaint: Consent provided Consumer Complaint: I am a XXXX year old XXXX veteran, and entered into an agreement with DMB financial in XX/XX/XXXX to settle my credit card debt. I ended the relationship with DMB in XX/XX/XXXX due to …
Question: Dear Steve, I opened a small business last year and building up to that caused my personal finances to get a little high. I recently enrolled with DMB financial but after doing the math I am really not saving enough for it to impact my credit score the way that it will. I would …
Question: Dear Steve, I’m interested to find out what answer person received about doing business with DMB Financial debt consolidation. Is it a legit business? Did she get the help ? I’m in the same situation, have 30 days to still change my mind. Please help! Distressing here 🙁 Did person go for it? did …
Here are some current job posting in the debt settlement industry that I found. Student Zoom Debt Settlement Sales Representative Student Zoom, LLC – San Diego, CA $1,600 a month Hello, We’re looking for a highly motivated salesperson with experience selling Debt Settlement preferably through Freedom Debt Relief or DMB. Our ideal candidate is someone …