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Action required FTC Aug 22, 2026

FTC Shuts Down Credit Repair Scheme

On August 10, 2026, the FTC announced the shutdown of Credit Glory for scamming consumers out of nearly $200 million.

On August 10, 2026, the FTC announced the shutdown of Credit Glory for scamming consumers out of nearly $200 million.

What changed

The operation using deceptive ads to target consumers was closed.

Compliance perspective

Firms should review advertising practices to avoid similar violations.

Key date

Effective date: August 10, 2026.

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