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
550 17th St. NW
Washington, DC 20429
|WHEN:||Tuesday, June 10, 2008, 1:30 p.m.|
|PRESS CONTACT:||FTC Office of Public Affairs