Legal Notice

Name of company

Ascension 800 LLC

Registered office

                                                                                          2307 Oak Lane Ste 118 PMB 1056 Grand Prairie, TX 75051 
 

Contact details

Email: Jaymoore@Ascension800.com

Regulatory authority

• Federal Trade Commission (FTC): The FTC enforces the Credit Repair Organizations Act (CROA), which regulates companies offering credit repair services. CROA prohibits misleading or untrue representations, demands for advance payment, and requires written contracts and cancellation rights. The FTC investigates complaints about fraudulent or deceptive practices and can take enforcement actions.
• Consumer Financial Protection Bureau (CFPB): The CFPB also plays a role in regulating the credit repair industry, particularly in enforcing the Fair Credit Reporting Act (FCRA). The FCRA promotes accuracy and fairness in credit reporting and gives consumers the right to dispute errors in their credit reports. The CFPB provides educational resources and handles consumer complaints related to various financial services, including credit repair. 
• Credit Repair Organizations Act (CROA): This federal law is crucial for credit repair businesses. Ensure your website clearly explains consumer rights under CROA, such as the right to a written contract, the three-day cancellation period, and the prohibition of advance fees.
• Fair Credit Reporting Act (FCRA): Detail how your business helps clients exercise their rights under FCRA, particularly regarding disputing inaccuracies on their credit reports.