Arkansas Attorney General Dustin McDaniel says he has sued a Texas-based company claiming to offer a quick fix for a damaged credit history, and illegally collecting fees in advance.
A news release from McDaniel’s office said he had filed suit in federal court at Little Rock against TRW Ventures LLC, three affiliated companies and the owner of all four, Thomas Randall Wells.
The release said TRW represents that the company will remove all negative information from credit reports – even information that is accurate. The release said federal law bars such companies from charging or collecting any fee in advance, but TRW has charged advance fees up to $800.
A telephone call to the company’s Pottsboro, Texas, home office seeking comment on the lawsuit wasn’t immediately returned.
Was this article valuable?
Here are more articles you may enjoy.
OpenAI Floats Idea of Global AI Governance Body With US, China 
Snap, YouTube Settle School-Social Media Suit Ahead of Trial 
Ransom Attacks up, but Payments Headed Down as Cyber Becomes Top of Mind 
New York Homes Most Exposed to Hurricane Risk, Beating Miami 
Want to stay up to date?
Get the latest insurance news
sent straight to your inbox.