The Consumer Financial Protection Bureau (CFPB) has requested a federal district court impose a $7.7 million judgment against a Massachusetts-based debt relief company.
However, the judgment would be suspended if the company agrees to pay consumers a lesser amount for allegedly charging unlawful fees and failing to provide required disclosures to its customers.
The CFPB alleged DMB’s actions violated the Telemarketing Sales Rule and the Consumer Financial Protection Act. Read on for details.
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