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Tag Archives: Credit Restoration Brokers

FTC Gets Contempt Ruling Against Promoter of Credit Repair and Debt Relief Services

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At the request of the Federal Trade Commission, a U.S. district court issued a contempt ruling against promoters of credit repair, debt relief, and food stamp services who violated a 2010 settlement with the FTC. The court ordered the defendants to pay for refunds to consumers they harmed, in violation of the court order. The court also modified the original ... Read More »

Allrepco Claims to Be TSR Exempt from Credit and Debt Help

Allrepco.com

A reader brought allrepco.com to my attention. The tipster (send in your tips here) wanted to know how a debt relief site could proclaim, “We are proud to state that we are federally exempt from the CROA (Credit Repair Organization Act) and the TSR Federal Debt Settlement Rule to serve consumers in all 50 states.” Good question. Allrepco.com is owned ... Read More »

FTC Goes After Credit Repair and Debt Relief Provider and Files Civil Contempt Charges

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The Federal Trade Commission has filed contempt charges against a promoter of credit repair and debt relief services and three of his companies, alleging that they continued their deceptive marketing practices in violation of a federal court order. The FTC charged that the defendants tried to take advantage of financially strapped consumers by falsely telling them that almost anyone can ... Read More »

Debt Settlement Company, Debt Negotiations Associates, Credit Repair Company, and Attorney to Settle FTC Charges

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A promoter of credit repair and debt relief services has agreed to settle Federal Trade Commission charges that he deceived consumers into paying thousands of dollars based on false promises that he could help solve their credit and debt problems with debt settlement and credit repair services. According to the FTC, the promoter falsely told consumers he could improve their ... Read More »

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