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Enforcement ActionLow Risk

FTC Stops Credit Repair Scheme Scamming Consumers Out of Nearly $200 Million

Credit Glory LLCAugust 10, 2026Federal Trade Commission

Summary

The FTC filed a complaint against Credit Glory LLC and related entities for deceptive credit repair practices, including false promises, impersonating debt collectors, charging illegal upfront fees, and using negative option billing without consent. A federal court temporarily halted the operation.

Remedy

The federal court temporarily halted the credit repair scheme, preventing the defendants from continuing their operations while the case proceeds.

Injunction

Contract Impact

In-house legal teams should review vendor agreements with marketing agencies, telemarketers, payment processors, and any service providers that handle consumer data or billing. Key clauses to examine include those governing upfront fees, negative option billing, consent requirements, compliance with FTC rules (including the Telemarketing Sales Rule and Credit Repair Organizations Act), and data usage. Contracts should include robust representations and warranties regarding compliance with consumer protection laws, indemnification for violations, and audit rights to ensure vendors are not engaging in deceptive practices. Additionally, any agreements involving credit repair services should be reviewed to ensure they do not charge illegal advance fees or use misleading enrollment practices.

Contract Search Terms

upfront feenegative optionrecurring chargesconsent to chargetelemarketing compliancecredit repair servicesdebt collection impersonationidentity theft reportFTC Act complianceGramm-Leach-Bliley Act

Laws Cited

FTC ActCredit Repair Organizations ActTelemarketing Sales RuleGramm-Leach-Bliley ActRestore Online Shoppers' Confidence ActElectronic Fund Transfer Act

Violation Types

Entity Details

Entity

Credit Glory LLC

Industry

Financial Services

Official Sources

Source Evidence

Entity Name
"Credit Glory LLC"
Violation Types
"made false and misleading promises about their credit repair services, impersonated debt collection companies and creditors, collected illegal upfront fees and engaged in unlawful subscription enrollment practices"
Laws Cited
"the FTC Act, the Credit Repair Organizations Act, the Telemarketing Sales Rule, the Gramm-Leach-Bliley Act, the Restore Online Shoppers’ Confidence Act and the Electronic Fund Transfer Act"
Remedy Types
"a federal court has temporarily halted a bogus credit repair scheme"

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