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#2245769 - 11/23/20 02:03 PM Credit repair companies
Jennifer Offline
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Jennifer
Joined: Dec 2014
Posts: 192
Any BSA related risks in opening an account for a credit repair company?

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#2245770 - 11/23/20 02:08 PM Re: Credit repair companies Jennifer
rlcarey Offline
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rlcarey
Joined: Jul 2001
Posts: 83,368
Galveston, TX
A well established credit repair company? Not sure why such a company would be looking for a new bank relationship - especially if you are not a large bank. I would think that it would be a huge risk from a fraud and reputational standpoint. Most of these credit repair operations never deliver what they promise.
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