Freedom Debt Relief, LLC and Andrew Housser

The Consumer Financial Protection Bureau (CFPB) took action against Freedom Debt Relief, the nation’s largest debt-settlement services provider, and its co-CEO Andrew Housser for deceiving consumers. The CFPB alleges that Freedom charges consumers without settling their debts as promised, makes customers negotiate their own settlements, misleads them about its fees and the reach of its services, and fails to inform them of their rights to funds they deposited with the company. The CFPB is seeking compensation for harmed consumers, civil penalties, and an injunction against Freedom and Housser to halt their unlawful conduct.

Related documents

Complaint

Press release

CFPB Sues Freedom Debt Relief For Misleading Consumers About Its Debt-Settlement Services