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Credit repair and debt relief in the news

Screenshot from NBC's video on BBB's credit repair and debt relief study
CT residents report losses to BBB

NBC: CT residents report losses to BBB after engaging with credit repair agencies

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Fox 17 female reporter screenshot of video
FOX 17: BBB study finds some debt relief, credit repair companies fail consumers

A recent study from the Better Business Bureau (BBB) found companies that promise to reduce a person’s debt or improve their credit often fail those consumers.

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Dealing with debt screenshot from NBC Boston 10 video
NBC 15: Job scams up 250% in 2023 compared to same time last year

Know your rights when it comes to debt collection – there are laws and regulations on how companies can collect debt.

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Social media profile page in smartphone screen at work. Woman looking at feed, status update or post with mobile phone. Inefficient lazy worker avoiding job. Follow, like or send friend request.
CFPB to return $1.8 billion in junk fees to 4.3 million Americans

Payments to victims of Lexington Law and CreditRepair.com are the largest-ever distribution from the CFPB’s victims relief fund

 

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Trap with bait money dollars banknotes on a wooden background. Concept of a business situation, trick, cheating, catch on a bribe
FTC sends $5 million in refunds to victims of debt relief scheme

Checks will be sent to over 7,600 consumers affected

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