Thursday, January 10, 2013
Counseling Centre Likes Proposed Legislation
Thunder Bay's Counseling Centre is supporting proposed Provincial
Government legislation that aims to regulate debt settlement companies
to protect consumers from exaggerated claims and abusive practices.
Spokesperson Sheri Fata says often consumers don't fully understand the
contracts they're signing with the company. Ontario's proposed
regulations would ban debt settlement companies from charging up-front
fees, and require better more transparent contracts.