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Credit Cards

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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FTC and Florida AG Announce Settlements in Alleged Fraudulent Debt Relief Scheme

Credit Cards  •  FTC  •  FTCA  •  State AGs  •  Telecommunications
FTC On November 30, 2016, the Federal Trade Commission (FTC) and the Florida Attorney General (AG) announced several settlements totaling approximately $27 million in an alleged fraudulent credit card debt reduction scheme.  In a set of stipulated orders, all but one defendant agreed […]

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