CFPB Takes Action against Meracord for Processing Illegal Debt-Settlement Fees

Home » CFPB Takes Action against Meracord for Processing Illegal Debt-Settlement Fees

Earlier this month, the Consumer Financial Protection Bureau (“CFPB”) announced an enforcement action and proposed settlement with Meracord, LLC and its CEO and owner, Linda Remsberg, for allegedly helping others to collect millions of dollars in illegal upfront fees from consumers that should have gone instead towards the consumers’ debt. The defendants have agreed to […]

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