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Tag Archives: ace group

‘Operation Clean Sweep’: FTC and State Agencies Target 36 ‘Credit Repair’ Operations

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‘Operation Clean Sweep’: FTC and State Agencies Target 36 ‘Credit Repair’ Operations October 23, 2008 The Federal Trade Commission and 24 state agencies today announced a crackdown on 33 operations that deceptively claim they can remove negative information from consumers’ credit reports, even if that information is accurate and timely. In the seven FTC actions announced today the Commission seeks ... Read More »

American Credit Experts and Legal Credit Repair Center Settles With FTC Over Credit Repair Infractions

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A federal court has ordered a credit repair operation and its principals to stop making false claims and requiring advance payment for credit repair services. See the court order here. The agreed-upon court orders are a result of a settlement between the Federal Trade Commission and the “credit repair” defendants. The Commission sued the defendants in October 2008 as part ... Read More »

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