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Inside the $10 Billion Debt Relief Industry: Loan-Killer Scripts, 25 Percent Fees, and Why Banks Still Sue
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Inside the $10 Billion Debt Relief Industry: Loan-Killer Scripts, 25 Percent Fees, and Why Banks Still Sue

For-profit debt settlement shops tell clients to stop paying cards, park cash in a firm-controlled account, and wait for a discount. Fees of 15 to 25 percent, tax on forgiven…
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