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Freedom Debt Relief Facing More Court Actions Since Being Sued by CFPB

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) …

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Freedom Debt Relief Sued by CFPB for Misleading Debt Settlement Services

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 …

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Telephone Consumer Protection Act Class Action Filed Against Debt Relief and Collection Companies

About a week ago I published an article about the dangers faced by debt relief companies, and others, for violations of the Telephone Consumer Protection Act (TCPA). Well just today comes a class action case filed against Freedom Financial Network, Freedom Debt Relief, and Consolidated Credit Counseling. The case was filed in New York state. …

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Freedom Financial Network Posts Results for Second Quarter of 2015

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 …

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Freedom Debt Relief Out of Colorado

A tipster (send in your tips here) alerted me to the fact the State of Colorado is now reporting that as of July 1, 2013 Freedom Debt Relief has had their license cancelled or revoked and reports a disciplinary action. Apparently, Freedom is no longer allowed to enroll new Colorado clients, or collect fees from …

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