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July 2019 Archives

Arizona debt-relief company fined, ordered to pay restitution

Freedom Debt Relief, which has a major office located in Tempe, has agreed to pay $20 million in restitution and a $5 million fine. The restitution will go to the consumers who were improperly charged fees for services they never received. The $5 million fine will go to the federal government. The agreement will allow the company to settle the lawsuit over its business and marketing practices without admitting guilt.

Arizona's real estate market is booming again

Like most of the rest of the nation, Arizona's real estate market suffered when the property bubble burst in 2008. Slightly more than a decade after the Great Recession, however, the real estate market in the state is thriving and expanding again. Investors in the construction business and property markets are taking note.

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