by Eric J. Ellman | Sep 22, 2023
In September 2023, the CFPB issued a press release on credit repair, noting its litigation against Lexington Law and advising consumers that they have certain rights and privileges when it comes to credit repair. The Bureau noted that Some customers of Lexington Law...
by Eric J. Ellman | Mar 13, 2023
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, Attorney at Law PLLC, which does business as Lexington Law.” Last week, District Court Judge, Judge Bruce S....
by Eric J. Ellman | Mar 12, 2023
In May 2019, the CFPB announced its suit in federal court in Utah against “PGX Holdings Inc. and subsidiaries Progrexion Marketing Inc., Progrexion Teleservices Inc., eFolks LLC, and CreditRepair.com Inc.; and against John C. Heath, Attorney at Law PLLC, which...
by Eric J. Ellman | Mar 7, 2023
In March 2023, the Subcommittee on Financial Institutions and Monetary Policy of the House Financial Services Committee held a hearing, Consumer Financial Protection Bureau: Ripe for Reform. The staff also issued a committee memorandum. There were five witnesses: Bill...
by Eric J. Ellman | Feb 22, 2023
113th Congress H.R. 5446, the Facilitating Access to Credit Act of 2014 by Red. Ed Royce (R-CA). This bill would amend the Credit Repair Organizations Act (CROA) to (1) Exempt from its coverage any consumer reporting agency (or affiliate or subsidiary) described under...