WASHINGTON -Global Client Solutions, a large payment processor, has agreed to pay $7 million to settle charges by the Consumer Financial Protection Bureau that it illegally collected upfront fees from consumers on behalf of debt-settlement companies.

The order issued Monday alleges that Global Client Solutions collected “millions of dollars” in upfront fees from consumers for hundreds of debt settlement companies nationwide. The Oklahoma company and its two owners have agreed to pay $6 million in relief to affected consumers and a $1 million civil penalty to settle the claims. The consent order is pending approval in federal district court.

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