CFPB Cracks Down on Credit Repair Scams with $2 7 Billion Judgment washingtoninformer.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from washingtoninformer.com Daily Mail and Mail on Sunday newspapers.
Credit repair titans face a $2.7 billion settlement with the CFPB for charging customers illegal fees. The Consumer Financial Protection Bureau (CFPB) settled with some of the largest credit repair companies on Monday, including Lexington Law and CreditRepair.com. This action is the latest example of the CFPB cracking down on the credit repair industry. Credit repair companies’ settlement The settlement found that the companies charged customers illegal "advance" fees, violating federal laws rel
Lexington Law and CreditRepair.com parent Progrexion filed for bankruptcy protection in June after court ruled collection of upfront fees violated Telemarketing Sales Rule.
CFPB Enters Into $2 7B Settlement With Credit Repair Firm dsnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dsnews.com Daily Mail and Mail on Sunday newspapers.
Industry Insiders Seek Regulation After CFPB Hits Credit Repair Giants With $2 7B Fine nationalmortgageprofessional.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nationalmortgageprofessional.com Daily Mail and Mail on Sunday newspapers.