On December 17, 2025, the CFPB, together with the Attorney General of Massachusetts, reached a settlement with Key Credit Repair to resolve a lawsuit originally filed in 2020. This settlement underscores the ongoing efforts of regulatory agencies to protect consumers from potentially deceptive practices within the credit repair industry.
In a case initiated in 2020, the Bureau and the Massachusetts Attorney General sued Key Credit Repair and its owner for allegedly violating federal consumer protection laws by charging unlawful advance fees and making deceptive claims in connection with credit-repair services. The litigation reached a conclusion in September 2024, when the court granted summary judgment for the plaintiffs on all counts, ordered substantial consumer redress, imposed civil penalties, and required the defendants to comply with the law.
The December 2025 order:
Bans defendants from engaging in credit-repair and debt-relief services for 25 years;
Requires defendants to pay $20,000 in partial satisfaction of a redress judgment, which includes $36,229,618 for fees charged to consumers since 2013, that is suspended based on defendants’ limited ability to pay; and r
Requires defendants to pay a $1 civil money penalty, which enables the Bureau to access the civil penalty fund for purposes of redressing harmed consumers.
The Stipulated Final Judgment and Order can be found here.