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25 sie 2014 · WASHINGTON, D.C. — Today, the Consumer Financial Protection Bureau (CFPB) announced an enforcement action against Global Client Solutions, a leading debt-settlement payment processor, for allegedly helping other companies to collect tens of millions of dollars in illegal upfront fees from consumers.
29 wrz 2024 · Global Client Solutions is the bank that holds consumer funds on deposit until the debt settlement company reaches an agreeable settlement for less than the full balance owed with the consumer's creditor.
The Consumer Financial Protection Bureau, or CFPB, reached a legal settlement with Global Client Solutions (GCS) in August of 2014. The CFPB alleged that GCS broke the law by helping debt-relief companies to collect illegal fees that people paid in advance for debt relief programs.
26 sie 2014 · The Consumer Financial Protection Bureau (CFPB) Monday announced an enforcement action against Global Client Solutions, a leading debt-settlement payment processor, for allegedly helping other companies to collect tens of millions of dollars in illegal upfront fees from consumers.
Global Client Solutions is an independent third-party payment processor for consumers who are enrolled in debt settlement programs. This company is not a debt settlement company, and does...
Global Client Solutions is an independent third-party payment processor for debt settlement companies and their consumers. The company provides and manages dedicated accounts that allow consumers to save funds and use them to pay their debts with the help of a debt settlement company.
A leader in the debt services industry, Global Client Solutions has provided intelligent account management solutions to countless consumers and debt management companies over the last half...