CFPB Consumer Advisory: People Have the Right to Cancel Credit Repair Services

CFPB Sues Largest Credit Repair Outfit

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....
House Financial Services Committee Hearing on CFPB

House Financial Services Committee Hearing on CFPB

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...

Federal Credit Repair Legislation (2014 – Present)

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...

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