Telemarketer Charged Over Credit Counseling Offer

Share this article:
A Florida-based telemarketing firm faces charges that it misled consumers with debt problems into paying excessive fees for credit counseling, the Massachusetts Attorney General's office said Friday.

Integrated Credit Solutions Inc., Largo, Florida, offered consumers the services of a nonprofit credit counseling organization, Lighthouse Credit Foundation, for an enrollment fee of $200 to $500 and a monthly fee of $38, according to the attorney general's office. The telemarketer failed to tell consumers it kept the entire enrollment fee and half the monthly fee, the attorney general's office charged.

ICS sent the offer to about 1 million consumers in Massachusetts via prerecorded message, the attorney general's office said. The message misled consumers into believing they would receive interest rates as low as 1.5 percent, when in fact they received no savings, according to the charges.

The attorney general's office seeks $1 million from ICS to offer restitution for the enrollment fees paid by about 3,000 consumers.

Share this article:
You must be a registered member of Direct Marketing News to post a comment.

Sign up to our newsletters

Follow us on Twitter @dmnews

Latest Jobs:

More in News

B2B Marketers Can Now Self-Serve Ads on Facebook Exchange

B2B Marketers Can Now Self-Serve Ads on Facebook ...

Sitescout's new integration with FBX opens up access to any size marketer, minus campaign spend minimums, according to the RTB company.

Day Two at DMA2014

Day Two at DMA2014

It was awards day in San Diego, with Teradata's Lisa Arthur being named Marketer of the Year, and Google Japan being feted for its direct mail prowess.

Today's Forecast: Chilly With a 10 Percent Lift in Parka Sales

Today's Forecast: Chilly With a 10 Percent Lift ...

The Weather Company launches a website offering marketers free advice on how to take advantage of shifts in the weather.