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In December 2023, U.S. Senators John Hickenlooper (D-CO) and Amy Klobuchar (D-MN) sent a letter urging the Consumer Financial Protection Bureau...
In September 2023, the American Association of Consumer Credit Professionals (AACCP) petitioned the CFPB to amend 12 C.F.R. Part 1022 –...
In September 2023, the CFPB issued a press release on credit repair, noting its litigation against Lexington Law and advising consumers...
In May 2019, the CFPB filed suit in federal court in Utah against “…Progrexion Marketing Inc…and CreditRepair.com Inc.; and against John C. Heath,...
In May 2019, the CFPB announced its suit in federal court in Utah against “PGX Holdings Inc. and subsidiaries Progrexion Marketing...
In March 2023, the Subcommittee on Financial Institutions and Monetary Policy of the House Financial Services Committee held a hearing, Consumer...
113th Congress H.R. 5446, the Facilitating Access to Credit Act of 2014 by Red. Ed Royce (R-CA). This bill would amend the...
In 2022, California passed a law to amend its credit repair regulation. The legislature passed A.B. 2424 (Ch. 965, Laws 2022) by...
In 2022 and 2023, several states introduced legislation to protect consumers from credit repair scams by further regulating credit repair operations....
In September 2021, the FTC’s Office of the Inspector General issued a report that noted several concerns with the FTC’s identity theft...
In May 2022, the FTC announced that “at the request of the [FTC], a federal court has temporarily halted a bogus...
CDIA sent a letter to CFPB Director, Rohit Chopra, congratulating him on his confirmation as director, and urging him, “to take action...
On November 2, 2021, the CFPB issued a press release highlighting a “research finding that consumers in majority Black and Hispanic...
In June 2021, CDIA sent a letter to Consumer Reports responding to its unempirical survey alleging inaccuracies in credit reports. CDIA...
According to Investopedia, “[a] number of businesses claiming to do credit repair have sprung up over time, and while some may...