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IRS Revokes Tax-Exempt Status of 4 Credit-Counseling Agencies

Date: July 17, 2005

Author: Caroline E. Mayer

QUOTE: The revocations are part of a federal and state crackdown on nonprofit credit-counseling agencies after hundreds of consumers complained about deceptive and fraudulent marketing practices, including high fees, high-pressure tactics and inadequate educational services.

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• Businesses & Organizations
• North America
  • United States of America/USA

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