Consumer Financial Protection Bureau
CFPB v. Burlington Financial Group, LLC
Burlington Financial Group, LLC allegedly used telemarketing to solicit consumers with false promises that Burlington’s services would eliminate their credit-card debts and improve their credit scores, according to CFPB. Burlington and its principals allegedly charged advance fees for debt-relief and credit-repair services in violation of the Telemarketing Sales Rule (TSR) and engaged in deceptive acts or practices to market and sell Burlington’s services in violation of the TSR and Consumer Financial Protection Act of 2010, according to CFPB. The principals also allegedly substantially assisted in the company’s violations of the TSR and CFPA, according to CFPB.
Summary generated from official Consumer Financial Protection Bureau press release
Source: Consumer Financial Protection Bureau Press Release ↗Parties
- Burlington Financial Group, LLC
- Richard Burnham
- Katherine Burnham
- Sang Yi