Credit and Loans
FTC Charges Marketers with Deceiving Small Businesses into Buying Credit/Debit Card Processing Services and Equipment
Type: Press ReleaseThe Federal Trade Commission has charged an operation that sells credit and debit card payment processing services to small businesses with violating federal law. The defendants allegedly made false and unsubstantiated claims and failed to disclose material facts to storefront businesses and sole...
Harrison, Lee (a/k/a Rudolph Joseph Strobel), individually and d/b/a Lee Harrison Credit Restoration et al., and Leanna Ruth Harrison, individually and d/b/a Lee Harrison Credit Restoration et al.
United States of America (for the Federal Trade Commission), Plaintiff, v. TALX Corporation, Defendant
Type: Public EventThe FTC's Northeast Regional Office hosted a public forum focusing on illegal "predatory" lending practices that often exploit lower-income and minority borrowers and frequently target elderly homeowners. The Predatory Lending Forum brought together about 300 consumer advocates,...
Type: Press ReleaseThe Federal Trade Commission continued its crackdown on credit card rate reduction scams by adding eight new defendants to a case the agency brought last year, including a payment processor it alleges assisted in the fraud. The FTC filed an amended complaint against the defendants behind the firm...
Type: Press ReleaseThe Federal Trade Commission has issued its annual letter to the Consumer Financial Protection Bureau (CFPB) on FTC enforcement and related activities regarding the Truth in Lending Act (TILA), Consumer Leasing Act (CLA), Electronic Fund Transfer Act (EFTA), and Equal Credit Opportunity Act (ECOA).
Federal Trade Commission Enforcement Activities Related To Compliance With Regulation B (Equal Credit Opportunity), Regulation E (Electronic Fund Transfer), Regulation M (Consumer Leasing), and Regulation Z (Truth in Lending) During 2012
Type: Press ReleaseThe Federal Trade Commission testified before a U.S. Senate Commerce subcommittee on a recent FTC study examining the accuracy of consumer credit reports, as well as the agency’s efforts to improve credit report accuracy through enforcement and education.