(CFPB-PR-241205.2) (12-05-24) CFPB Announces Return of $1.8 Billion in Illegal Junk Fees to 4.3 Million Americans Harmed in Massive Credit Repair Scheme – Payments to victims of Lexington Law and CreditRepair.com are the largest-ever distribution from the CFPB’s victims relief fund Excerpt: WASHINGTON, D.C. – The Consumer Financial Protection Bureau (CFPB) is distributing $1.8 billion to […]
Category: ( Agency Refunds )
Agency Refunds occur when government bodies, such as the (FTC) or the (CFPB), secure legal victories against companies that have violated consumer protection laws. Following these court rulings, agencies often mandate that affected consumers receive compensation for their losses.
These refunds are crucial for restoring consumer trust and ensuring accountability among businesses, as they demonstrate the agencies’ commitment to enforcing laws that protect consumer rights.