The Consumer Financial Protection Bureau (CFPB) recently filed a suit, alleging that two of the nation’s largest credit repair companies and affiliated entities violated telemarketing laws and deceived consumers.
An attorney spokesman for the defendants asserted that the companies were baffled by CFPB’s decision to file suit, given his clients’ purported transparency with the bureau regarding their business practices.
Find out more details about the bureau’s complaint and the defendants’ rebuttal.