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

Performance SLC and Performance Settlement Target of CFPB

The Consumer Financial Protection Bureau (Bureau) today filed a complaint against Performance SLC, LLC (PSLC), a California debt-relief business focused on federal student loan debt; Performance Settlement, LLC (PSettlement), a California debt-settlement company; and Daniel Crenshaw, the owner and CEO of the two companies. The Bureau alleges that PSLC and Crenshaw charged illegal advance fees … Read more

Performance Settlement, LLC – CFPB Complaint

Consumer Complaint Submission

Date Received: 2017-10-25T00:00:00 Product: Debt settlement Issue: Fraud or scam Consumer Consent Provided to Share Complaint: Consent provided Consumer Complaint: I am a licensed attorney in the state of California. I have always paid my law student loans on time. I received robocalls that left voicemails on my personal cell ( my cell XXXX ) … Read more

Reader Want to Know if Performance Settlement Recruitment / Sales Claims are True

A reader and tipster (send in your tips here) in the debt settlement industry sent us an email they recently received from Performance Settlement, an AFCC member. The email made some recruiting performance claims that should be a snap for Performance Settlement to respond to and verify. This issue isn’t so much a consumer issue … Read more