February 22, 2010
Minnesota Attorney General (AG) Lori Swanson has sued 6 debt settlement companies on the grounds they were not licensed to do business in Minnesota and overcharged consumers by hundreds of thousands of dollars. She commented:
“People who are swimming in debt are often desperate for a life preserver, but they should know that debt settlement companies [...]
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September 24, 2009
The Minnesota Attorney General took action against three companies that promised to lower customer’s interest rates on credit cards for high fees.
Swanson filed suit against Priority Direct Marketing, Clear Financial Solutions, and Moneyworks, LLC. The suit alleges that all three companies charged high up front fees, between $999 and $1,995, and promised to lower the [...]
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