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Violation Tracker Individual Record

Company: Freedom Stores Inc. dba Freedom Furniture & Electronics, Military Credit Services, LLC, and Freedom Acceptance Corp.
Penalty: $1,950,000
Year: 2016
Date: August 1, 2016
Offense Group: consumer-protection-related offenses
Primary Offense: consumer protection violation
Violation Description: Freedom Stores Inc. and USA Discounters, Ltd. agreed to pay a total of over $3.9 million in settlement of allegations they charged illegal interest rates and used abusive collection techniques. The announcement did not indicate how much each company would pay; here we assume the total was divided evenly between them.
Level of Government: state
Action Type: agency action
Agency: Colorado Attorney General
Civil or Criminal Case: civil
Facility State: Colorado
Source of Data: (click here)
Source Notes: If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.