October 02, 2024
The Consumer Financial Protection Bureau and Massachusetts' attorney general scored a $50 million win in their suit against a credit repair service and its owner after a Bay State federal judge determined that they violated federal and state consumer protection laws by falsely promising credit score improvements and illegally charging advance fees.
October 19, 2023
A Massachusetts credit repair business that allegedly told consumers it could increase their credit scores by "90 points in 90 days" and get negative items removed from credit reports can't rely on "boilerplate" disclaimers to dodge liability, lawyers for the government told a federal judge Thursday.
July 31, 2023
A credit repair service is urging a Massachusetts federal judge to rule that its consumer credit services aren't a scam, arguing the Consumer Financial Protection Bureau's claims against it are based on an unfair interpretation of a rule that would put every credit service out of business.
February 17, 2023
A purported credit repair company has urged a Boston federal judge to end a lawsuit brought by the Consumer Financial Protection Bureau, claiming the agency's funds used for prosecuting it were produced illegally, citing the Fifth Circuit's October decision finding the bureau's financial structure to be unconstitutional.
October 05, 2022
The U.S. Consumer Financial Protection Bureau and the Massachusetts attorney general have asked a Boston federal judge to block a purported credit repair company from seeking new depositions in an enforcement case, arguing the company's requests are "untimely, unduly burdensome, harassing" and would prejudice the plaintiffs.
August 11, 2021
A federal judge on Tuesday kept alive a Consumer Financial Protection Bureau suit accusing a Boston-based credit repair company of duping consumers into upfront payments on the promise of boosting their credit scores, rejecting arguments that the laws at issue are unconstitutionally vague or discriminatory.