Categories: Uncategorized

New York Attorney General Goes after Car Dealers for Selling Credit Repair Products

According to autonews.com, the New York attorney general has cracked down on auto dealers selling credit repair products, reaching a $14 million consent agreement At least some of the products were associated with a company called Credit Forget It.  According to federal law, and state laws in almost all of the states, a credit repair organization cannot charge an upfront fee for its services. When an auto dealer sells a credit repair product, even from a third party, that makes the dealer a credit repair agency.

These credit repair products are sold at huge mark-ups and have almost no value.  If you bought some kind of credit repair service or identity theft monitoring problem when you purchased your car or truck, and if you live in Indiana, please contact me through my website at hoferlawindy.com.  If you are from another state, I can refer you to a fellow NACA consumer lawyer.  
Steve Hofer

Share
Published by
Steve Hofer

Recent Posts

False Promises in the Residential Solar Power Industry

Welcome to Hofer Hagan LLP’s first blog post about the residential solar power industry. We…

2 months ago

Keith Hagan featured on RTV6 expose about Dead Debt Collectors

Journalist Kara Kenney and RTV6 reported today on the nationwide class action filed by Hagan…

3 years ago

Coalition of State Attorneys General Call for Pink Energy’s Lenders to Suspend Payment Obligations

 I am quite frankly amazed that the attorneys general in the 9 most afflicted states…

4 years ago

Prisoner’s Dilemma and Debt Negotiation

 I love having a partner (Keith Hagan) who an expert in game theory.  We have…

4 years ago

Indiana Law Firm Hofer Hagan LLP is beginning work on Pink Energy / PowerHome Solar cases

 We are in the early stage of working up a number of  Pink Energy solar…

4 years ago

Hyundai is jumping the shark over its response to the auto theft scandal

 Hyundai has been under intensive heat after youtube posts showed how easy it is to…

4 years ago