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LABOR News

December 17, 2014
CFPB Sues Texas Company for Sham Credit Card

 

WASHINGTON, D.C. – Today, the Consumer Financial Protection Bureau (CFPB) is suing a Texas-based company, Union Workers Credit Services, for deceiving consumers into paying fees to sign up for a sham credit card. The Bureau alleges that the company falsely advertises a general-use credit card that, in actuality, can only be used to buy products from the company. Union Workers Credit Services also deceptively implies an affiliation with unions by, among other things, using pictures of nurses, firefighters, and other public servants in its advertising. The Bureau’s lawsuit seeks compensation for victims, a civil penalty, and an injunction against the company.

Read the full press release here >