Daniel A. Rosen, Inc., d/b/a Credit Repair Cloud, and Daniel Rosen
On September 20, 2021, the Bureau filed a lawsuit in the United States District Court for the Central District of California against Credit Repair Cloud, a Los Angeles, California company that since at least 2013 has provided an “all-in-one solution” for people to start their own credit-repair businesses, and its owner and CEO, Daniel Rosen. The Bureau alleges that Credit Repair Cloud and Daniel Rosen have violated the Telemarketing Sales Rule (TSR) by providing substantial assistance to credit-repair businesses that violate the TSR’s advance-fee prohibition. The Bureau also alleges that by violating the TSR, Credit Repair Cloud and Daniel Rosen have violated the Consumer Financial Protection Act (CFPA). On January 7, 2022, the Bureau filed an amended complaint. The amended complaint seeks redress to consumers, disgorgement, appropriate injunctive relief, and the imposition of civil money penalties against Credit Repair Cloud and Daniel Rosen.