Tag: FinTech

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In April 2019, the FTC announced that online lender Avant, LLC agreed to settle a Commission complaint alleging that it engaged in deceptive and unfair loan servicing practices, such as imposing unauthorized charges on consumers’ accounts. The order settling the FTC’s complaint...
In October 2018, the FTC announced that online student loan refinancer SoFi Lending Corp. (SoFi) agreed to stop misrepresenting how much money student loan borrowers have saved, or will save, by refinancing their loans with the company. The Commission approved the final consent in...
The FTC reached settlements with the promoters of recruitment-based cryptocurrency schemes.
Approximately $153 million is being mailed to 109,000 consumers in the first distribution of refunds resulting from the law enforcement actions brought against Western Union by the Federal Trade Commission (FTC), the U.S. Department of Justice (DOJ), and the U.S. Postal Inspection...
As part of a $90 million proposed settlement, T-Mobile is refunding customers who were unfairly billed third-party charges by the company.T-Mobile has been contacting all of its current and former crammed customers to let them know about the refund program and claims process....

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