ICYMI: Consumer Groups Press for Bill to Reform Credit Reporting
New legislation would make it easier for consumers to seek help from professionals to repair their credit Washington, DC- On Friday, Public News Service published an article on the efforts by the American Association of Consumer Credit Professionals (AACCP) and its coalition partners to close an anti-consumer loophole in the Fair Credit Reporting Act (FCRA). The piece […]
Press Call Offers Reminder of Urgency to Repeal Anti-Consumer Credit Repair Loophole Following Recent Equifax Credit Errors Controversy
Access an audio recording of yesterday’s call with Rep. Al Lawson, African American Empowerment Coalition, and AACCP HERE Washington, DC- On a press call held yesterday, Rep. Al Lawson, Reverend Andre Chapple with the African American Empowerment Coalition and the American Association of Consumer Credit Professionals (AACCP) reflected on the Equifax error controversy and how it highlights […]
American Association of Consumer Credit Professionals Responds to CFPB Videos on Credit Reporting
Consumers need to know about their rights to seek help from credit repair professionals Washington, DC: The American Association of Consumer Credit Professionals (AACCP) responded today to a series of videos released last week by the Consumer Financial Protection Bureau (CFPB) on how consumers can repair and improve their credit. The AACCP has partnered with […]
AACCP Statement On Equifax’s Breach Affecting Millions Of Americans
Washington, DC- On Tuesday, the Wall Street Journal broke the news that Equifax wrongly sent out incorrect credit scores for millions of Americans as they were trying to buy homes and cars. Reportedly, the errors changed some customers’ scores by as much as 20 points, causing them to be rejected for loans through no fault of their […]
A Credit Attorney Shares Critical Insights On Credit Repair In New Book
Lexington Law’s John Heath lists the steps to effective credit repair, the laws protecting consumers’ rights, and how to navigate the credit repair industry Washington, DC—In a new ebook, Inside Credit Repair: Insights from a Credit Attorney, John Heath, directing attorney at Lexington Law Firm, shares his insider knowledge on the credit repair industry and provides a […]
Credit Repair Organizations Urge CFPB to Rescind Rule Preventing Human Trafficking Survivors From Seeking Help to Repair Their Credit
Washington, DC—Leading consumer advocates and Credit Repair Organizations (CROs) Lexington Law Firm and Progrexion are calling on the Consumer Financial Protection Bureau (CFPB) to support human trafficking survivors by rescinding language in a new rule that will have dire unintended consequences for victims. Recently, the CFPB proposed a new rule ostensibly designed to help victims […]
Consumer Protection Legislation Introduced to Repeal Loophole in Fair Credit Reporting Act
New legislation would make it easier for consumers to seek help from professionals to repair their credit Washington, DC- On Monday, May 31, 2022, Rep. Al Lawson (D-FL) introduced landmark consumer protection legislation to restore Americans’ right to seek help to improve their credit by repealing a loophole in the Fair Credit Reporting Act (FCRA) […]
Lexington Law and Progrexion Launch New Initiative With Anti-Recidivism Coalition to Bring Financial Literacy and Credit Repair to Constituents
Last weekend, at the annual retreat for the Anti-Recidivism Coalition (ARC), Lexington Law and Progrexion launched a new partnership with the ARC to help formerly incarcerated people achieve financial independence, empowerment, and a fair, accurate, and substantiated credit profile. The organizations held individual meetings with members to offer free credit repair services and announced the […]
Diverse Groups Representing Millions of California Consumers Oppose Anti-Consumer Assembly Bill 2424
Washington, DC- Diverse groups from across California continue to announce their opposition to Assembly Bill 2424, anti-consumer legislation that would make it harder for Californians to climb out of the consumer debt crisis. The African American Empowerment Coalition, the California League of United Latin American Citizens, SEIU California, the National Asian American Coalition, the National […]
The Four Most Important Takeaways from the CFPB’s Brutal Analysis of the Credit Reporting System
The Consumer Financial Protection Bureau (CFPB) yesterday released a major report detailing how an already broken dispute process in the credit reporting system has gotten even worse, reaffirming the need for every American to have the right to get help navigating this. The CFPB found that consumers were provided relief on just 2% of complaints in 2020, […]