The Consumer Financial Protection Bureau has announced a $2.7 billion judgment against major debt relief and credit repair firms for illegally collecting up-front fees and never delivering on promised services, and has also banned these firms from telemarketing credit repair services for 10 years.

The post $2.7 Billion Settlement Pending Federal Court Approval: Fake Credit Repair and Debt Relief Scams Date Back to 2016 appeared first on The Sacramento Observer.