State Takes Action Against Debt Relief Company

State Takes Action Against Debt Relief Company


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(KSL News) Last night's Eyewitness News investigation is getting swift results.

Late today, investigators moved to shutdown a debt relief company in Provo.

Our investigation exposed Mascot Financial's debt elimination plan.

Nearly 40 clients told us they paid thousands in up- front fees in hopes of getting out of debt sooner. Instead, they ended up deeper in debt.

The Division of Consumer Protection put the company on notice today. Investigators plan to revoke their permit.

Mascot has 10 days to respond to the state's action. We'll keep you updated.

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