Credit Card Rate Scams: Don’t Fall for Robocalls, FTC Says
Consumers are getting “inundated” with so-called robocalls – pre-recorded sales pitches – from firms claiming they can reduce your credit card interest rates for a fee, said the Federal Trade Commission.
Don’t ...
FTC to Mail $6M in QVC Refunds Over Bogus Diet Pills
Starting April 30, the Federal Trade Commission will start mailing out 140,000 refund checks totaling about $6 million to buyers of dietary supplements that were falsely marketed as helping women lose substantial ...
Facebook Privacy: Should FTC Set Social Media Guidelines?
When Facebook first revealed it would share personal profile information with third-party partner sites, users and privacy advocates voiced concerns and anger.
Now a U.S. Senator wants the Federal Trade Commission, ...
Debt Collection, Relief: Abusive Tactics Eyed by FTC
The Federal Trade Commission told a Senate panel that it is intensifying efforts to combat deceptive and abusive practices by debt collection agencies and outright debt relief scams – as more consumers seek help ...
FTC: Credit Card Debt Settlement Tips, Red Flags
The Federal Trade Commission today is urging caution for those with mounting credit card debt who seek companies that promise “pennies on the dollar” solutions.
There is no guarantee that a debt settlement company ...
‘Free Credit Reports’ Rule Applies to TV, Radio Ads on Sept. 1
The new required disclaimer for credit monitoring services promoting “free credit reports” on websites and print publications took effect April 2.
Those ads must remind consumers that they are entitled ...
Rule Clarifying Online ‘Free Credit Report’ Offers in Effect
A new Federal Trade Commission rule that helps consumers avoid confusion over those ads for “free credit reports” – which often require them to buy credit monitoring or other services – takes effect today.
Those ...
Charity Telemarketing Scheme Draws Record $18.8M Penalty
A New Jersey-based telemarketing operation that misled consumers into believing they were giving directly to legitimate charities serving police, firefighters, and veterans has to pay a record $18.8 million and ...
FTC Settles with Auto Loan Marketer to Poor Credit Victims
A marketer who falsely advertised auto loans as pre-approved to low-income, “credit-challenged” consumers has reached an agreement with the Federal Trade Commission.
The FTC alleged that Direct Marketing Associates ...
I.D. Info Theft of 3.3M Borrowers Hits Student Loan Firm
ECMC, one of the top 10 student loan guaranty agencies and the U.S. Department of Education’s designated provider for “student loan bankruptcy services,” has reported the theft of personal information of 3.3 ...
