JD Supra

CFPB, Credit Repair Cloud Reach Deal Over Illegal Marketing Allegations

The CFPB and Credit Repair Cloud, have reached agreement over allegations that the firm helped other credit repair businesses charge illegal fees to consumers. If approved by a federal judge in the ...
Auto Remarketing

CFPB brings its own enforcement action involving credit repair

A couple of days after the Federal Trade Commission handed out penalties associated with credit repair, the Consumer Financial Protection Bureau (CFPB) took similar actions involving the same topic ...
JD Supra

CFPB sues software company and owner for allegedly assisting credit-repair businesses that charge unlawful advance fees

The CFPB has filed a lawsuit in a California federal district court against Credit Repair Cloud (CRC), a software company, and its owner, in which the Bureau alleges that the defendants provided ...
Law

Consumer Financial Protection Bureau v. Daniel A. Rosen, Inc. d/b/a Credit Repair Cloud et al

The Bureau of Consumer Financial Protection sued Credit Repair Cloud and Daniel A. Rosen Monday in California Central District Court. The suit alleges violations of the Telemarketing and Consumer ...
Compliance Week

CFPB to monitor compliance at Credit Repair Cloud after alleged illegal fees

Credit Repair Cloud (CRC) and its chief executive will pay $3 million in combined penalties and put in place significant compliance measures over illegally charging customers, according to the ...