credit reports

CFPB Proposes $2 Million Final Judgment for Illegal Credit Repair Fees

The Consumer Financial Protection Bureau has issued a final judgment against four California-based credit repair companies and three affiliated individuals for “misleading consumers and charging illegal fees.” The bureau is asking Blake Johnson, Eric Schlegel, Prime Credit, LLC, Commercial Credit Consultants, and IMC Capital, LLC to pay a total of $1.5 million in civil penalties.