Marketers of Rapid Debt Reduction Program, Pay $1.5 Million for Promising to Reduce Interest Rates
Defendants Permanently Banned from Marketing Debt Relief Services The marketers of a “Rapid Debt Reduction” program who promised to lower interest rates on credit cards – for an up-front fee of up to $899 – have settled Federal Trade Commission charges that they misled consumers. Under a court order settling the FTC’s case, the pitchmen …