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WASHINGTON, DC — Issuing a historic victory to American families through its victims relief fund, the Consumer Financial Protection Bureau (CFPB) is distributing $1.8 billion to 4.3 million people victimized by illegal advance fees or bait-and-switch advertising by credit repair companies Lexington Law and CreditRepair.com. 

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When the Consumer Financial Protection Bureau is allowed to fully do its job, Americans only stand to benefit. Between surprise fees and misleading business practices, today’s victory affirms the importance of the CFPB for defending people across the country from shady industry actors.”

Accountable.US Liz Zelnick.

Since its inception, the CFPB has provided nearly $20 billion in financial relief to consumers harmed by financial scams, including student loan and mortgage relief fraud, predatory lending, and illegal debt collection. 

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