Credexx Settles Accusations It Sold Worthless Service Contracts

Credexx, a nation-wide company accused of blitzing consumers with deceptive junk mail, illegal robocalls and misleading TV ads, signed a settlement that bans it and former owner David J. Tabb from doing business in Washington state.

"Credexx was one of several companies that tricked consumers nationwide into buying expensive auto service contracts by claiming to extend manufacturer-provided warranties," Washington Attorney General Rob McKenna said in a statement.