Global TV 's "16 x 9" show ran an investigative story regarding how "debt settlement" firms are misleading Canadians coast to coast. Creditors do NOT have to work with these firms who are taking fees from consumers with no guarantees. Only Alberta and Manitoba currently regulate the firms following a ban on upfront fees for debt settlement firms by the FTC in the US in 2010 .
Bad Debt: Do credit settlement agencies really deliver?
You’ve heard the commercials before – credit settlement agencies promising big reductions in the debt you owe. But do they deliver? 16x9 investigates a controversial industry and speaks to two men who say they never got what was promised.
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Angela Kroemer, AMP
Mortgage Professional
TMG The Mortgage Group Canada Inc.
TMG Sharie Marie Mortgage Team
Local: 1.250.650.4182
TFP: 1.888.679.0190
Fax: 1.888.679.0192
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Angela Kroemer, AMP
Mortgage Professional
Local : 1.250.650.4182
Email :akroemer@mortgagegroup.com,
Website : KROEMERmortgages.com
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