Consumer Financial Protection Bureau (CFPB) Imposes $8 Million Penalty on Clarity Services

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Consumer Financial Protection Bureau (CFPB) Imposes $8 Million Penalty on Clarity Services

Partner, Kristi Cahoon Kelly, continues to devote her time and her energy to protecting consumers. Kelly Guzzo, PLC is committed to supporting the Virginia Poverty Law Center. Check out this article on a large case against nationwide subprime credit reporting agency Clarity Services, Inc.!

Excerpt from VPLC.org:

The Consumer Financial Protection Bureau (CFPB) took action this week against nationwide subprime credit reporting agency Clarity Services, Inc for violations of the Fair Credit Reporting Act (FCRA). The FCRA violations were exposed by our lawsuit filed against Clarity last year. The bulk of the work on the lawsuit was done by our co-counsel Kelly Guzzo and Consumer Litigation Associates. The CFPB found that Clarity violated the Fair Credit Reporting Act by illegally obtaining the consumer reports of tens of thousands of consumers—without a permissible purpose—for use in marketing materials for potential clients.

Read more about the case here:
CFPB Imposes $8 Million Penalty
CFPB Orders Subprime Credit Reporting Company and Owner to Pay $8 Million Penalty for Illegal Practices