According to an article posted on F&I and Showroom, FTC settlement permanently halts auto debt consulting operation.
Washington, D.C. — Under a settlement reached with the Federal Trade Commission, two California-based companies and their principals, who allegedly took hundreds of thousands of dollars from consumers, are banned from marketing auto loan relief or any other type of debt relief to consumers.
The FTC filed charges against Kore Services LLC, doing business as Auto Debt Consulting, and NAFSO VLM Inc., doing business as Vehicle Loan Mod, and their principals last year.
