Equifax, Experian and TransUnion Announce Free Weekly Credit Reports to Help Americans in Response to COVID-19

ATLANTA, COSTA MESA, Calif. & CHICAGO–(BUSINESS WIRE[1])–In a joint action, the three national credit reporting agencies in the United States – Equifax (NYSE: EFX), Experian (LON:EXPN) and TransUnion (NYSE:TRU) – announce they are offering free weekly credit reports to all Americans for the next year to help them protect their financial health during the sudden and unprecedented hardship caused by...

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Defendants in FTC Credit Repair Scheme Case Agree to Settle Charges

The operators of a bogus credit repair scheme are banned from the credit repair business and subject to a wide array of other requirements under settlement terms with the Federal Trade Commission. The settlements relate to an FTC complaint filed in June 2019[1] alleging that the defendants targeted consumers with false promises of substantially improving consumers’ credit scores by claiming...

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FTC Stops Operators of Fake Credit Repair Scheme

At the Federal Trade Commission’s request, a federal court has temporarily halted and frozen the assets of Grand Teton Professionals, an alleged credit repair scheme that charged illegal upfront fees and falsely claimed to repair consumers’ credit. The company and other defendants are charged with violating the FTC Act and several provisions of the Credit Repair Organizations Act, the Telemarketing...

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