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CFPB Reaches $2.7 Billion Settlement With Credit Repair Firms

August 28, 2023
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CFPB Reaches $2.7 Billion Settlement With Credit Repair Firms

August 28, 2023
America’s biggest credit repair companies could be forced to give up telemarketing. That’s according to the Consumer Financial Protection Bureau (CFPB), which announced Monday (Aug. 28) that it had reached a proposed $2.7 billion settlement against credit repair brands such as Lexington Law and CreditRepair.com.  The settlement follows a court ruling that the companies had collected illegal advance fees for credit repair […]