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Get to know american fair credit council

Founded in 2011, the American Fair Credit Council (AFCC) is the primary trade association representing the debt settlement industry in the United States. The organization's mission is to advocate for consumers struggling with overwhelming debt and to promote best practices and ethical conduct among its member companies. The AFCC establishes a strict Code of Conduct that its members must adhere to, which includes requirements for transparency, compliance with federal and state regulations (like the FTC's Telemarketing Sales Rule), and a commitment to helping consumers achieve financial stability.

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american fair credit council

United States

Founded in

2011 (15 Years)

Founded

Last online: No recent activity

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Markets.com

(327 reviews)

United States

2008

(18 years)

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A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

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