Federal Trade Commission
FTC v. Financial Education Services
SettledFiled: January 1, 2022
Financial Education Services (FES) allegedly preyed on consumers with low credit scores by luring them in with the false promise of an easy fix to their credit score and then recruiting them to join a pyramid scheme selling the credit repair services to others, costing them millions of dollars, according to the FTC.
Summary generated from official Federal Trade Commission press release
Source: Federal Trade Commission Press Release ↗Dates
Filed
January 1, 2022
Resolved
January 1, 2024
Published
March 17, 2026
Case Details
Industry
Finance
Penalty Type
Restitution