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Credit Scores FTC Act Financial Services Industry

Orrick, Herrington & Sutcliffe LLP

FTC proposes fines, bans based on alleged credit repair scheme

On August 5, the FTC announced proposed court orders that would require a defendant credit repair operation, its owners and associated companies (collectively, defendants) to pay more than $12 million to resolve allegations...more

Ballard Spahr LLP

FTC Shuts Down Credit Repair Company

Ballard Spahr LLP on

The FTC has shut down Michigan-based Financial Education Services, a credit repair company that the agency says actually was a large pyramid scheme...more

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