CFPB Files Complaints Against Credit Repair Companies for Charging Illegal Fees and Misleading Consumers

CFPA  •  CFPB  •  Credit Cards  •  Credit Reporting  •  Dodd-Frank
On June 27, 2017, the Consumer Financial Protection Bureau (CFPB) announced​ that it filed two complaints and proposed final judgments against four California-based credit repair companies for misleading consumers and charging illegal fees. The CFPB alleged that the […]

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New York AG Settles with Retail Financing Company that Allegedly Lured Servicemembers into Revolving Credit Contracts

Military Service Members  •  State AGs
On March 22, 2017, the New York Attorney General’s Office (“New York AG”) announced that it had entered into a $540,000 settlement with a Virginia retailer and financing company that allegedly used deceptive practices to lure military servicemembers into financing agreements for […]

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