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Deceptive Credit Repair Operation that Filed Fake Identity Theft Complaints is Stopped

Facing Foreclosure? Be Stupid and Burn The House Down Instead.

The Federal Trade Commission obtained an order halting a credit repair scheme that allegedly bilked consumers out of millions of dollars by falsely claiming they will remove negative information from credit reports, while also filing fake identity theft reports to explain negative items on customers’ credit reports. At the request of the FTC and the … Read more

Starting Today, New Law Allows Consumers to Place Free Credit Freezes And Yearlong Fraud Alerts

Starting today, consumers who are concerned about identity theft or data breaches can freeze their credit and place one-year fraud alerts for free. Under the new Economic Growth, Regulatory Relief, and Consumer Protection Act, consumers in some states – those who previously had to pay fees to freeze their credit – will no longer have … Read more