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 more transparent contracts.