Skip to content
770-587-4595
Action required FTC Aug 21, 2026

FTC Halts Credit Repair Scheme

On August 10, 2026, the FTC halted operations of Credit Glory, a credit-repair scheme that scammed consumers out of nearly $200 million. This reinforces the regulatory environment around debt collection and credit services.

On August 10, 2026, the FTC halted operations of Credit Glory, a credit-repair scheme that scammed consumers out of nearly $200 million. This reinforces the regulatory environment around debt collection and credit services.

What changed

Immediate cessation of deceptive practices by Credit Glory.

Compliance perspective

Businesses in the credit repair sector must review compliance with the Fair Debt Collection Practices Act and related advertising rules.

Need help keeping up with these changes?

Tell us where you operate and what licenses you hold; we'll handle the filings and renewals so changes like this do not catch you off guard.

Keep reading

More regulatory updates

Other recent rule changes our team is tracking.

  • Action New York DFS NY Aug 21, 2026

    Independent Dispute Resolution Guidance

    On August 13, 2026, New York DFS issued new guidance and a draft regulation on the independent dispute resolution for surprise medical bills, effective August 26, 2026. This regulation aims to enhance consumer protections in healthcare-related financial disputes.

    Read explainer
  • Action CSBS Aug 21, 2026

    CSBS GENIUS Act Implementation

    The implementation of the GENIUS Act was announced on August 11, 2026, which lays out reporting forms and requirements for payment stablecoin issuers. This aligns with evolving regulatory standards around digital assets.

    Read explainer
  • Action CSBS Aug 21, 2026

    NMLS Phase Three Deployment

    Phase Three of NMLS modernization was deployed in August 2026, enhancing state licensing processes. Key updates include improved communication and task management.

    Read explainer