FTC Goes After Debt Settlement Organizations Who Cope With Payday Advances

the Federal Trade Commission filed suit against PSC Administrative, Coastal Acquisitions, Infinity Client Systems, Infinity Collect, Jared Irby, and Richard Hughes for violations of this Telemarketing product Sales Rule. The FTC alleges the Defendants solicited customers with debt settlement solutions, whom owed pay day loans. "Defendants have induced consumers to sign up within their system by claiming that they'll renegotiate the payment terms of customers' loans payday loans ohio in order for consumers' re payments…