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.
Cargo-Ship Owner to Pay US $102M Over Baltimore Bridge Collapse, DOJ Says 
Taiwan Suspends Stock Trading Due to Super Typhoon Kong-Rey 
Tennessee Eyes Claims Denials, Florida Offers to Check Contracts with Adjusters in Wake of Hurricanes 
Malibu Retrofit at $300,000 Shows Limits of Wildfire-Prepping 
Want to stay up to date?
Get the latest insurance news
sent straight to your inbox.