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CFPB v. Freedom Stores, Inc., Freedom Acceptance Corporation, Military Credit Services LLC, John F. Melley, and Leonard B. Melley, Jr.

On January 9, 2015, the CFPB and the Attorneys General of North Carolina and Virginia filed a stipulated final judgment and order against Freedom Stores, Inc., Freedom Acceptance Corporation, and Military Credit Services LLC (collectively referred to as Freedom Stores).

The CFPB found that Freedom Stores violated sections of federal and state consumer financial protection laws, including unfair, abusive, or deceptive practices (UDAAP), the Electronic Fund Transfer Act, and the Truth in Lending Act (TILA). The consent order in federal court to requires the three companies and their owners and chief officers, to provide over $386,280.34 in consumer redress.

Victim compensation

The CFPB contracted with RUST Consulting to administer payments for this case and to answer questions from consumers. This matter is now closed.

Payments and check reissue requests are no longer being honored. For more information on this closed case, contact us at Consumer Financial Protection Bureau, Attn: OCFO, Freedom Stores 1700 G Street NW, Washington DC 20552.

Important dates

March 4, 2016 – September 4, 2017: First distribution

October 17, 2017 – December 1, 2017: Second distribution

More information about the case

Read the court order

Read the press release