Substantial assistance is a provision of the Telemarketing Sales Rule (TSR) which can impose liability on anyone (even if you're not a telemarketer) if you substantially assist a telemarketer violating the TSR.
Did the FTC intend to modify the credit repair payment restriction and allow credit repair companies to adopt the debt-settlement-specific escrow arrangement?
The CFPB sued Credit Repair Cloud for substantially assisting violations of the credit repair portions of the telemarketing sales rule.
Referring credit-challenged clients to credit repair companies is a lot more serious and consequential than you might think. Consult this post as a warning and an opportunity for credit-related services.
When we created the first-ever escrow platform to protect buyers […]
Background on the case. The Consumer Financial Protection Bureau, among […]
For those credit repair companies interested in regulatory compliance, the […]
The CFPB and FTC were sued by NACSO for enforcement a impossible-to-comply-with rule: wait 6 months to get paid.
People need to know how to consolidate credit card debt. There are other options to consider, too.
The most well-known dummy text is the ‘Lorem Ipsum’, which […]