Daniel Rosen settled his three-year legal fight with the CFPB over the Telemarketing Sales Rule. The TSR still applies to credit repair businesses and enforcement continues through the CFPB, FTC, and state regulators, so noncompliance remains risky.
Chapters
I was sued by the CFPB and it was over something called the tsr, which is short for Telemarketing Sales Rule. But after a three year battle, we finally reached a settlement and I can finally talk about it and help you to avoid the same nightmare. Some people think that because the CFPB is now in trouble that the TSR doesn't apply anymore. But that is dead wrong. If you're in credit repair, the TSR still applies to you. It always has, it always will. The CFPB still exists and enforcement is also handled by the FTC and state regulators, which means if you're not compliant, your business is at risk.