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Credit repair companies reach $2.7B settlement with CFPB
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Consumer Protection
Tuesday, September 5, 2023
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Following a court ruling, the Consumer Financial Protection Bureau settled with some of the largest credit repair brands in the country over violations of the Telemarketing Sales rule.
The stipulated settlement imposes a $2.7 billion judgment against the companies and bans them from telemarketing credit repair service for 10 years.
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