Arkansas Attorney General Leslie Rutledge filed a consumer-protection lawsuit today against Florida-based Capital Credit Solutions Inc. and Willie J. McKenzie for multiple false and misleading representations made to Arkansans in order to urge them to purchase credit repair services.
Capital Credit Solutions is in violation of the Federal Credit Repair Organizations Act, Arkansas Deceptive Trade Practices Act and the Arkansas Credit Services Organizations Act.
“When Arkansans are seeking to improve their credit, they are seeking real solutions, not bogus and disingenuous tactics,” said Attorney General Rutledge. “The only real path to improve bad credit is time and diligent attention to eliminating credit balances. Arkansans should not be subjected to the illegal business practices of the defendants.”
The primary business practice of Capital Credit Solutions is the furnishing of credit repair services to improve the credit history, credit score and credit ratings of consumers. However, in offering these services, the defendants misrepresent that they can improve consumers’ credit ratings by disputing or eliminating negative, but accurate, items that are impacting the credit history. This falsehood leaves Arkansans with the impression that the best way to fix their credit is to hire Capital Credit Solutions and that the longer they stay in the program the better the results will be. Defendants cannot legally remove accurate, but negative, items from a credit report.
Capital Credit Solutions also promotes their services by illegally placing signs with unapproved language in locations where permission has not been granted. Common locations include gas stations, convenience stores, strip malls and intersections adjacent to busy roadways. – Source
Rutledge is asking the U.S. District Court, Eastern District of Arkansas to impose civil penalties, restitution for the affected consumers, attorneys’ fees, costs and other relief against the defendants.
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