FTC Action Stops Scammers Who Collected Millions in Phantom Payday Loan Debts
Date
FTC charged that the operators illegally processed $5.2 million in payments from consumers for debts they did not owe.
Displaying 221 - 240 of 571
Operators of Bogus Credit Repair Scheme Settle FTC Charges
Date
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...
FTC Returns Money to Consumers in Credit Card Interest Rate Scam
Date
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.The FTC sued Innovative Wealth Builders (IWB...
Innovative Wealth Builders, Inc., et al.
Type of Action
Federal
Last Updated
FTC Matter/File Number
122 3127
FTC Returns Almost $4 Million to Consumers in Debt Collection Scam
Date
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...
FTC and Florida Attorney General Sue to Stop Illegal Robocalls Pitching Worthless Credit Card Interest Rate Reduction Programs
Date
At the request of the Federal Trade Commission and the Florida Attorney General, a federal district court has temporarily halted an Orlando-based operation that has been bombarding consumers since...
FTC Proposes Gramm-Leach-Bliley Rule Amendment to Allow Online Privacy Notices From Auto Dealers That Finance Purchases
Date
The Federal Trade Commission has proposed an amendment to its rules under the Gramm-Leach-Bliley Act to allow auto dealers that finance car purchases or provide car leases to provide online updates to...
FTC Approves Final Consent Orders with Two Car Title Lenders Charged with Deceptively Advertising Cost of Loans
Date
Following a public comment period, the Federal Trade Commission approved final consent orders with two car title lenders that the FTC alleged failed to disclose important conditions and financing...
FTC Returns Money to Consumers in Mortgage Relief Scam
Date
FTC won court action against Jackson, Crowder & Associates and Crowder Law Group
Washington Data Resources, Inc., et al.
Type of Action
Federal
Last Updated
FTC Matter/File Number
092 3173
Ashworth College Settles FTC Charges it Misled Students About Career Training, Credit Transfers
Date
Ashworth College has agreed to settle Federal Trade Commission charges it misrepresented to students that they would get the training and credentials needed to switch careers or get a new job, and...
Court Halts Mortgage Relief Operation that Targeted Homeowners Facing Foreclosure
Date
At the Federal Trade Commission’s request, a federal court halted a sham operation that allegedly told financially distressed homeowners it would help get their mortgages modified, but instead...
National Mortgage Servicing Company Will Pay $63 Million to Settle FTC, CFPB Charges
Date
A national mortgage servicing company will pay $63 million to resolve Federal Trade Commission and Consumer Financial Protection Bureau charges that it harmed homeowners with illegal loan servicing...
Debt Brokers Settle FTC Charges They Exposed Consumers’ Information Online
Date
Defendants posted bank account numbers of 55,000 consumers
Plain Language Guidance
Buying or selling debts? Steps for keeping data secure
Date
For savvy companies, keeping data secure is a day-to-day part of their business. They reduce the amount of sensitive information they collect in the first place, keep it secure if there’s a legitimate...
File
pdf-0202_buying-selling-debt.pdf
(438.53 KB)
Marketers Banned From Mortgage Relief and Debt Relief Services Industry in Settlement with FTC
Date
Marketers who helped promote a Utah-based home loan modification scheme will be banned from the mortgage relief and debt relief industries under a court settlement resolving charges by the Federal...
In First FTC Cases Against Car Title Lenders, Companies Settle Charges They Deceptively Advertised the Cost of Their Loans
Date
The Federal Trade Commission has taken action for the first time against two car title lenders, reaching settlements that will require them to stop their use of deceptive advertising to market title...
FTC Shuts Down Diploma Mill Operators
Date
The principal owners of two Florida-based online diploma mills are permanently banned from marketing and selling academic degrees under settlements with the Federal Trade Commission. Alexander Wolfram...
Displaying 221 - 240 of 571