Tag: Credit and Finance

Displaying 1 - 20 of 803 results.

A mortgage relief services company and its owner, have agreed to settle allegations that they illegally charged homeowners an up-front fee for help they promised but never provided, and they will be banned from selling debt relief services under a federal court order.
Last year the FTC received 280,998 complaints about questionable debt collection practices. We think consumers and responsible members of the industry can agree that number is higher than it should be. The FTC is fighting that battle on three fronts. We’ve brought dozens of cases –...
La Comisión Federal de Comercio (FTC, por su sigla en inglés) ha acusado a una operación de intermediación de datos por la presunta venta ilegal de información financiera de solicitantes de préstamos de día de pago a una operación fraudulenta que se apropió de millones de dólares de los...
The Beatles were right: One does get by with a little help from one’s friends – but that’s not always a good thing. A partial settlement just announced by the FTC sheds light on the unsavory cooperative relationship between certain shadowy data brokers and the scammers who buy their...
The Federal Trade Commission has charged a data broker operation with illegally selling payday loan applicants’ financial information to a scam operation that took millions of dollars from consumers by debiting their bank accounts and charging their credit cards without their consent.
Federal and state law enforcers and leading members of the debt collection industry. According to the line-up just announced by the FTC, that’s who will be talking at the FTC’s second Debt Collection Dialogue, set for September 29th in Dallas. But there’s another important voice that...
Bajo los términos de acuerdos resolutorios con la Comisión Federal de Comercio (FTC, por su sigla en español) a los operadores de un falso esquema de reparación de crédito que presuntamente engañaron a consumidores hispanohablantes para que pagaran miles de dólares, supuestamente para mejorar sus...
The operators of a bogus credit repair scheme that allegedly tricked Spanish-speaking consumers into paying thousands of dollars each to supposedly improve their credit will be banned from offering credit repair services and subject to a monetary judgment under settlements with the Federal Trade...
The Federal Trade Commission is mailing 10,387 checks totaling more than $969,000 to consumers who lost money to a credit card interest rate reduction scam.
Federal and state law enforcers and industry members are heading to Dallas on September 29, 2015, to talk about that other Big D – debt collection.Last month’s Debt Collection Dialogue in Buffalo – sponsored with the New York AG’s Office – drew nearly 200 participants, including many...
Record-breaking refund programs are usually cause for celebration. But the FTC’s largest-ever debt collection redress case offers sobering insights into the lengths some companies will go to illegally squeeze the last dime out of people already in financial distress.
Para resolver los cargos presentados por la Comisión Federal de Comercio (FTC, por su sigla en inglés) por estafar por millones de dólares a consumidores hispanohablantes de todo el país exigiéndoles el pago de deudas ficticias, los operadores de un esquema fraudulento de cobranza de deudas han...
The operators of a fraudulent debt collection scheme have agreed to be banned from the debt collection business and telemarketing, to settle Federal Trade Commission charges that they bilked millions of dollars from Spanish-speaking consumers throughout the country by demanding that they pay bogus...
A federal court has halted, and frozen the assets of, a nationwide debt relief telemarketing scam that bilked millions of dollars from consumers, pending resolution of allegations made by the Federal Trade Commission and the State of Florida.
The operators of a payday lending scheme that allegedly bilked millions of dollars from consumers by trapping them into loans they never authorized will be banned from the consumer lending business under settlements with the Federal Trade Commission.
“The Federal Trade Commission works for America’s consumers in every community.” I’ve lost count of how many times I’ve said those words or heard them from my colleagues – and that’s a good thing. Of course, business owners are consumers, too, and the FTC works for you in two ways....
The Federal Trade Commission will host the third of its Debt Collection Dialogues in Atlanta, GA, on November 18, 2015. The FTC held the first Dialogue in Buffalo, NY, on June 15.  The second will be held in Dallas, TX, on September 29.
The Federal Trade Commission will host the second of its Debt Collection Dialogues in Dallas, TX, on September 29, 2015. The FTC held the first Dialogue in Buffalo, NY, on June 15.  The third will be held in Atlanta, GA, on November 18. NOTE: The Dallas Dialogue has been moved and...
The Federal Trade Commission is mailing almost 95,000 checks totaling approximately $4 million to consumers who lost money to a debt collection operation that extorted payments from them using false threats.

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