Credit Repair Co. can’t drop CFPB telemarketing suit

By Chris Villani (August 11, 2021, 4:55 p.m. EDT) — A federal judge on Tuesday kept alive a Consumer Financial Protection Bureau lawsuit accusing a Boston-based credit repair company of duping consumers into pay upfront on the promise of boosting their credit ratings, rejecting arguments that the laws at issue are unconstitutionally vague or discriminatory.

U.S. District Judge Rya W. Zobel issued an 11-page order allowing the CFPB and Massachusetts to pursue allegations that Commonwealth Equity Group LLC, which does business as Key Credit Repair, lied to customers about their ability to improve their credit rating and demanded payment. in the front. The lawsuit says the alleged practices violated the telemarketing sales rule,…

Stay one step ahead

In the legal profession, information is the key to success. You need to know what’s going on with customers, competitors, practice areas and industries. Law360 provides the intelligence you need to stay an expert and beat the competition.

  • Access to case data in articles (numbers, filings, courts, nature of lawsuits, etc.)
  • Access to attached documents such as briefs, motions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and more!


Comments are closed.