CFPB Takes Action against Prime Marketing Holdings

August 30, 2017

On Wednesday, August 30, 2017, the CFPB filed a proposed final judgment against Prime Marketing Holdings, LLC for alleged illegal credit repair practices. The Bureau’s lawsuit alleges Prime Marketing Holdings charged illegal advance fees and misled consumers about its services’ costs and the details of its money-back guarantee. The proposed final judgment would permanently ban the company from doing business in the credit repair industry and charge a $150,000 civil money penalty.