FTC Press Conference Will Announce Lawsuit Challenging Subprime Credit Card Marketing Company and Debt Collector

Media Advisory

The Federal Trade Commission will announce a law enforcement action today, charging a credit card marketer and a debt collection company with using deceptive marketing practices and abusive debt collection tactics affecting consumers in the subprime market. The announcement will be made during a joint press conference with the Federal Deposit Insurance Corporation (FDIC); the FDIC will announce administrative charges against the credit card marketer and banks that issued credit cards marketed by the company.

WHERE: Federal Deposit Insurance Corporation
Board Room
550 17th St. NW
Washington, DC 20429
WHEN: Tuesday, June 10, 2008, 1:30 p.m.
PRESS CONTACT: FTC Office of Public Affairs




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