FTC's Credit Clean Sweep
Archived Under: Fraud , The Moneysherpa Pages
Tags: Credit Scams, Fraud, FTC, The Moneysherpa Pages
Today, the Federal Trade Commission ("FTC") and 24 state agencies announced results from "Operation Clean Sweep," an effort to crackdown on false and misleading statements by "Credit Repair Operations." Lydia Parnes, Director of the FTC's Bureau of Consumer Protection said, "Companies that promise they are able to scrub your credit reports of accurate, negative information for a fee are lying - plain and simple." Visit the FTC site for the complete Clean Sweep press release. In addition, the FTC offers a wealth of credit resources including Credit Repair: How to Help Yourself and information on how to manage your credit and debt.
