The CFPB plans to distribute $1.8 billion to victims of a fraudulent credit repair scheme.

The Consumer Financial Protection Bureau (CFPB) is set to distribute $1.8 billion to victims of a fraudulent credit repair scheme. The agency is aiming to return funds to consumers who were misled by companies promising to improve their credit scores for a fee. Details on how and when victims will receive their payments are to be announced.

3 months ago
40 Articles