Congressman Wiley Nickel Introduces Bipartisan Bill to Protect Consumers From Credit Repair Scams
October 16, 2024
October 16, 2024
WASHINGTON, Oct. 16 -- Rep. Wiley Nickel, D-North Carolina, issued the following news release on Oct. 15, 2024:
Today, Congressman Wiley Nickel (NC-13) and Congresswoman Young Kim (CA-40) introduced the Ending Scam Credit Repair Act (ESCRA) to combat fraudulent practices in the credit repair industry. The bill targets credit repair organizations (CROs) that exploit consumers by charging high fees without delivering on promises to improve credit scores. By strengthening regulations, . . .
Today, Congressman Wiley Nickel (NC-13) and Congresswoman Young Kim (CA-40) introduced the Ending Scam Credit Repair Act (ESCRA) to combat fraudulent practices in the credit repair industry. The bill targets credit repair organizations (CROs) that exploit consumers by charging high fees without delivering on promises to improve credit scores. By strengthening regulations, . . .