Tag: Debt

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Filtering by content type: Press Release

Two new defendants have been named in a Federal Trade Commission case against a phony debt relief and credit repair scheme that allegedly deceived consumers about non-existent federal programs to pay off their bills and fix poor credit.
Over the past year, the Federal Trade Commission has continued its vigorous work on behalf of U.S. consumers suffering from unlawful debt collection practices, including bringing law enforcement actions against abusive and fraudulent operations, conducting education and public outreach initiatives...
At the request of the Federal Trade Commission, a federal court has ordered two debt sellers that posted the sensitive personal information of more than 70,000 consumers online to notify the consumers and explain how they can protect themselves against identity theft and other fraud in light of...
“The court decision announced today is a major win for consumers nationwide,” said Jessica Rich, Director of the FTC’s Bureau of Consumer Protection. “It affirms that marketers can’t get away with using misleading sales pitches and then burying ‘disclaimers’ in lengthy documents given to consumers...
The Federal Trade Commission asked a federal court to shut down a scam that targeted financially distressed Americans by pitching a phony debt relief and credit repair program, and by falsely claiming the program was provided and funded by the federal government and endorsed by President Obama.

Filtering by content type: Report

Filtering by content type: Blog Post

If you’ve been following the FTC’s 50+ data security settlements, you know there are some places it’s not wise to leave sensitive information laying around – for example, in a dumpster behind a drugstore, in the trash near a payday loan company, or in an employee’s backpack.
They’re dangerous, they strike fast, and they rely on camouflage to ambush their prey. We call them CROA-codiles – companies that lure cash-strapped consumers in with false promises of debt relief and credit repair, in violation of the FTC Act and the Credit Repair Organizations Act...
Sci-fi fans will remember the 1996 movie "Mars Attacks!" where Americans banded together to fight off Martian invaders.

Filtering by content type: Rule Summary

Filtering by content type: Refunds Page

The FTC mailed refund checks to 60,813 consumers allegedly defrauded by the credit counseling/debt management scams run by Andris Pukke and his companies, AmeriDebt, Inc. and DebtWorks, Inc. Consumers may have previously received a partial refund payment from the FTC in 2011. The checks mailed in...

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Filtering by content type: Public Event

Join the Federal Trade Commission, the North Carolina Attorney General’s office, legal services attorneys and other consumer advocates, and state and federal consumer protection officials at this free event to discuss issues facing consumers today. Topics include payday loans,...
Join the Federal Trade Commission, the offices of the Attorneys General of Washington, Alaska and Idaho, the CFPB, the Northwest Justice Project, legal services attorneys and other consumer advocates, and state and federal consumer protection officials at this free event to discuss...

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