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) … Read more

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 … Read more

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. … Read more

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 … Read more

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 … Read more

Rescue One Financial Still Sending Disturbing Mailer

Previously an alleged former employee of Rescue One Financial spoke out about a marketing practice that concerned them. See Alleged Former Employee Speaks Out About Rescue One Financial Loan Offers I expressed concern to both Freedom Debt Relief, who was getting referrals from this, and Rescue One Financial about the marketing mailer and specifically asked … Read more

Andrew Houser Praises the FTC for Telemarketing Sales Rules

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 … Read more

Freedom Financial Network & Freedom Debt Relief to Refund Almost All Clients Under Settlement

Thanks to a reader who alerted me, I discovered Freedom Financial Network, Freedom Debt Relief, Global Client Solutions, Rocky Mountain Bank and Trust, Andrew Houser and Bradford Stroh have agreed to settle a lawsuit filed against them and refund millions in consumer fees. According to the agreement, people eligible for refunds of fees paid include … Read more

Illinois Class Action Filed Against Freedom Debt Relief, Freedom Financial Network, Debtmerica, Global Client Solutions and Others

A May, 2012 class action lawsuit filed by Theresa Driscoll and others has just been moved to Federal court. The case was filed against Freedom Debt Relief, Freedom Financial Network, Debtmerica, Global Client Solutions, Andrew Houser, and Bradford Stroh. The case claims the Defendants violated the Illinois Debt Settlement Consumer Protection Act {“IDSCPA”) and Illinois … Read more

Primerica to Sell Debt Settlement for Freedom Financial Network. This is Going to Get Messy.

Well it’s official. Primerica representatives are going to start promoting debt settlement for Freedom Financial network. The first public information on this was sent in by a reader. The Facebook announcement says: Imagine how it would feel to not worry about debt. Primerica is pleased to make Freedom Financial Network available to help you determine … Read more