Categories: auto dealers

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.  
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