Law and Order

Consumer Financial Protection Bureau Takes Action to Shut Down Credit Repair Company for Charging Illegal Fees and Misleading Consumers

Consumer Financial Protection Bureau
Source: consumerfinance.gov

Company Banned From Offering Credit Repair Services and Required to Pay $150,000 Penalty

Washington, D.C. –(ENEWSPF)—August 30, 2017.  The Consumer Financial Protection Bureau (CFPB) today filed a proposed final judgment in federal court that would resolve a lawsuit against Prime Marketing Holdings, LLC for illegal credit repair practices. The lawsuit alleged that the company charged illegal advance fees and misled consumers about the cost and effectiveness of its services and the nature of…

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