Credit Repair Business Secrets

How to Keep Your Credit Repair Business Safe from CFPB's Crackdown

Episode Summary

I had to be silent for 3 years, but now I can finally share the truth about my lawsuit with the CFPB! Tune in to discover how this could impact your credit repair business and the crucial steps to avoid similar legal battles.

Episode Notes

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I had to remain silent for 3 years, but now I can finally tell the truth about my lawsuit with the CFPB!

The CFPB sued me and Credit Repair Cloud over the Telemarketing Sales Rule (TSR). We don't telemarket, we don't have salespeople, and our software doesn't dial, but they allege that we broke the TSR and CFPA rules by providing tools and services to users who violated the law. 

Getting sued was really scary. It's been the most stressful time of my life, but with the lawsuit finally settled, I can share some important info and updates with you. I will explain how the TSR could impact your credit repair business and how you can protect yourself and your business from similar legal battles. 

This information will save you a lot of blood, sweat, and tears, so tune in!

Key Takeaways:
00:00 Intro 

01:39 Everything You Need to Know About the TSR

03:40 What This Means for the Credit Repair Industry 

04:33 How to Stay Compliant with the TSR 

06:37 How to Grow Your Business While Remaining Compliant 

10:27 Outro

Additional Resources:

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