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Home » Store » News » Many Credit Counseling Services Failing, CFA Says

Many Credit Counseling Services Failing, CFA Says

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Debt-strapped consumers are getting a bad deal from many credit counseling agencies, a new report from the Consumer Federation of America and the National Consumer Law Center claims. “The implications for mortgage lenders are huge,” said Travis Plunkett, legislative director for the CFA, of the study, which found that a “new generation” of credit counseling agencies are harming debtors with “improper advice, deceptive practices, excessive fees and abuse
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