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One lawsuit filed by the Illinois attorney general alleged one company has been advertising credit repair services since at least 2014 but never bothered to register as a credit services organization. [read post]
24 Jul 2019, 1:52 pm by Barbara S. Mishkin
”  Specifically, the CFPB alleged that in an effort to generate payments from the defendants for leads, such affiliates falsely represented to consumers that they were required to use the defendants’ credit repair services in order to obtain the advertised credit products or services or that the credit repair services would enable them to obtain or create a high likelihood of obtaining the advertised credit products or… [read post]
5 Mar 2009, 12:08 pm
A lady died this past January, and a credit card company billed her for February and March for their annual service charges on her credit card, and added late fees and interest on the monthly charge. [read post]
30 Jan 2013, 1:00 am by Damon Duncan
  As bankruptcy lawyers we have clients who contact us on a regular basis and ask if they should hire a credit repair company to rebuild their credit. [...] [read post]
4 Jun 2020, 11:14 am by Alan S. Kaplinsky
The new complaint is the latest indication that credit repair services continue to be a CFPB enforcement focus under Director Kraninger’s leadership. [read post]
5 Aug 2008, 9:52 pm
Maloney's "Credit Cardholders' Bill of Rights Act of 2008" would require credit card companies to give clients a 45-day notice of any rate increase, and would also eliminate double-cycle billing (when credit card companies charge interest on a previous balance rather than the paid balance). [read post]
5 Sep 2015, 10:19 am
These companies will then take you off the mailing lists they distribute to credit card companies and you will stop receiving offers from those credit card companies. [read post]
22 Apr 2009, 2:00 pm
The House Financial Services Committee is reporting here that it has passed the Credit Cardholders' Bill of Rights Act and reported it to the full House. [read post]
10 Jan 2020, 8:02 am by Jessica Lesser
The Consumer Financial Protection Bureau filed a significant enforcement action on Jan. 9 against several companies and individuals marketing student loan debt-relief services for credit reporting violations, charging advance fees and deceptive conduct. [read post]
6 Mar 2009, 6:13 am
News release Posted in Company News, consumer protections, Lawsuits Tagged: credit reporting agencies, FTC, Linkedin, Rental Research Services [read post]
13 Mar 2008, 7:33 pm
Today Katie Porter, Adam Levitin and I testified before the Financial Services subcommittee on Financial Institutions of the House Committee on Financial Services, along with Professor Larry Ausubel and four representatives of the credit card companies. [read post]
23 Feb 2007, 12:05 pm
The company offered a free credit report, but also automatically signed up customers for its credit monitoring program. [read post]
8 Sep 2008, 12:46 pm
Over the weekend, I received the following e-mail message: A lady died this past January, and Citibank billed her for February and March for their annual service charges on her credit card, and added late fees and interest on the... [read post]
Other details of the order include prohibiting the credit repair companies from selling credit repair services, and banning the loan modification companies from selling mortgage loan modification and foreclosure relief services. [read post]
20 May 2020, 8:31 am by Silver Law Group
The post TCA Global Credit Master Fund Has Sued Many Companies In Broward County, Florida appeared first on Securities Arbitration Lawyers Blog. [read post]
Recently two companies, Successful Credit Services, and Lee Harrison Credit Restoration, have been charged with violations of the FTC Act and the Credit Repair Organizations Act. [read post]
7 May 2010, 12:02 pm by On behalf of Bankruptcy Legal Group
DEC Credit Corrections was founded by Donna Chavez who, according to the company's website founded it after she herself had a bad experience with a credit correction company. [read post]
13 Dec 2016, 8:50 am by Len Feltoon
Those days are over, and credit card companies will charge cash amount penalties. [read post]
13 Dec 2016, 8:50 am by Len Feltoon
Those days are over, and credit card companies will charge cash amount penalties. [read post]