Debt Consolidation Company Sued by Vermont for Over $2 Million

Turns out, you’ve got to actually deliver on your advertised offers — that’s the lesson Dallas-based CSA-Credit Solutions of America learned after it was effectively sued by Vermonters.

A Texas judge found CSA allegedly responsible for consumer fraud and has ordered the debt consolidation company to pay $2 million in penalties and refund $350,000 to over 200 Vermont residents, according to a story in Vermont’s Times Argus.

Vermont has pretty strong consumer protection laws — and those were used in force when bringing the action against CSA. At issue were the company’s claims that it could reduce a consumer’s debt “60 percent in seconds!” as well as taking its fees upfront before settling any consumer debt.

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