CONSUMER ALERT: CFPB SUES FAKE UNION CREDIT CARD COMPANY FOR DECEPTIVE PRACTICES
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.
Despite their name, Union Workers Credit Services is not union affiliated, but they have been preying on union members. Please spread word about this to your fellow members.