Credit Repair No Advanced Fees
Key Credit RepairFind BBB Accredited Businesses in Credit Repair No Advanced Fees.
Information and Alerts
Alert Details
This business has 2 alerts.
Government Actions
Bureau of Consumer Financial Protection and the Commonwealth of Massachusetts V. Commonwalth Equity Group, dba Key Credit Repair and Nikitas Tsoukales
The following describes a government action that has been resolved by either a settlement or a decision by a court or administrative agency. If the matter is being appealed, it will be noted below.
On October 2, 2024 a Massachusetts federal District Court granted summary judgment and awarded substantial damages and injunctive penalties against a credit-repair telemarketer. The suit, filed by the Consumer Financial Protection Bureau as well as the Commonwealth of Massachusetts, alleged numerous violations of federal and state law by Commonwealth Equity Group, LLC, d/b/a Key Credit Repair, and its owner and president, Nikitas Tsoukales.
Accreditation Revocation
On 11/19/2024 this business's accreditation in the BBB was revoked by the BBB's Board of Directors due to failure by the business to adhere to the BBB requirement that Accredited Businesses meet and abide by the following standards:
1C. Be free from government action that demonstrates a significant failure to support BBB ethical principles. BBB evaluates the action and makes a determination on adherence to this standard based on the nature of the violation and the extent of harm it caused or is alleged to have caused, whether it was caused or condoned by management, and actions taken to resolve underlying issues that led to the government action.
Important Information
This business is not BBB accredited.
Businesses are under no obligation to seek BBB accreditation, and some businesses are not accredited because they have not sought BBB accreditation.
To be accredited by BBB, a business must apply for accreditation and BBB must determine that the business meets BBB accreditation standards, which include a commitment to make a good faith effort to resolve any consumer complaints. BBB Accredited Businesses must pay a fee for accreditation review/monitoring and for support of BBB services to the public.
Additional Info
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