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The Free Financial Advisor
The Free Financial Advisor
Amanda Blankenship

RentGrow to Pay $2.25 Million to Settle FTC Allegations of Fair Credit Reporting Act and FTC Act Violations

RentGrow FTC allegations
A complaint was filed with the FTC regarding RentGrow’s practices, and now the company has been ordered to pay a settlement of more than $2 million. Mehaniq/Shutterstock

The Federal Trade Commission announced on July 9, 2026, that RentGrow will pay $2.25 million to settle allegations that the company violated the Fair Credit Reporting Act and the FTC Act, according to an official FTC press release.

Beyond the settlement amount and the statutes allegedly violated, the source document provided does not contain sufficient detail about the specific nature of the allegations, what conduct RentGrow was accused of, how consumers may have been harmed, or what behavioral or operational changes the company may be required to make under the settlement.

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