Tag: Credit Reporting

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The Federal Trade Commission today announced a proposed settlement with a California-based debt collection agency, Performance Capital Management, Inc. (PCM), under which the company would be fined $2 million and enjoined from what the FTC called "serious violations" of Section 623 of the Fair...
Unicor Funding, Inc., a California-based marketer of federally insured home improvement loans ("Title 1" loans), has agreed to pay a civil penalty of $100,000 for allegedly violating the Fair Credit Reporting Act (FCRA). The company also has agreed to settle FTC charges that it deceptively...
The Federal Trade Commission will provide a press availability on Tuesday, April 1st, the effective date for a new federal law, which provides consumers with better protection from fraudulent credit repair organizations. The agency also will announce the results of its "surfing" the Internet for...

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