Credit Repair Refunds Prioritized
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•More than 4 million people to share $1.8 billion in refunds, the CFPB says. Here's what to know.
82% Informative
Checks will be mailed to 4.3 million consumers who were charged illegal advance fees or subjected to allegedly deceptive bait-and-switch advertising by Lexington Law , CreditRepair.com and their parent companies.
The payments make up the biggest distribution yet from the CFPB 's victims relief fund, financed by civil penalties paid by companies that violate consumer protection laws.
The companies filed for Chapter 11 bankruptcy protection after the court ruling.
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