FTC

FTC Returns Funds to Debt Collection Scheme Victims
FTC Returns Funds to Debt Collection Scheme Victims
March 31, 2017  |  Debt

Anyone who’s ever been strapped for cash and looking for a small loan to tide them over until payday has likely turned to debt collection businesses....

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Upromise Fined $500,000 By FTC For Violating Data Collection, Usage
Upromise Fined $500,000 By FTC For Violating Data Collection, Usage
March 20, 2017  |  Security & Fraud

Upromise, a membership reward service, was fined $500,000 by the Federal Trade Commission (FTC) to settle allegations it violated a FTC rule that requires companies...

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PYMNTS’ Daily Data Dive: FTC To The Debt Rescue
PYMNTS’ Daily Data Dive: FTC To The Debt Rescue
March 16, 2017  |  Daily Data Dive

Financial debt is something that plagues everyone at one point or another in their lifetime. In a Payday Support Center scam, the Federal Trade Commission (FTC) is...

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Federal Trade Commission Sends Money To Victims Of Debt Relief Scam
Federal Trade Commission Sends Money To Victims Of Debt Relief Scam
March 16, 2017  |  Legal

The victims of a debt relief scam will soon be receiving checks from the Federal Trade Commission (FTC). According to a press release, FTC is...

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Imposter Scams Bypass Identity Theft For First Time
Imposter Scams Bypass Identity Theft For First Time
March 06, 2017  |  Security & Fraud

Last year imposter scams bypassed identity theft for the first time as the second largest category of consumer complaints, according to the Federal Trade Commission’s...

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Companies Lobby For Google Critic To Head FTC
Companies Lobby For Google Critic To Head FTC
February 24, 2017  |  Politics

A handful of companies that have had runs in with Google are doing some behind-the-scenes lobbying with members of the White House in an attempt...

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FTC Inquiry Looks At Use Of Kill Switches By Auto Lenders
FTC Inquiry Looks At Use Of Kill Switches By Auto Lenders
February 20, 2017  |  Regulation

The Federal Trade Commission is investigating the use of kill switches by auto finance companies to get subprime borrowers who have missed payments to catch...

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FTC Bans Florida Company For Aiding Telemarketer Scam In India
FTC Bans Florida Company For Aiding Telemarketer Scam In India
February 16, 2017  |  Regulation

The Federal Trade Commission announced Wednesday (Feb. 15) that it has charged a Florida man with aiding telemarketers in India with scamming cash-strapped consumers in...

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FTC Settles With Student Loan Debt Collector For $700K
FTC Settles With Student Loan Debt Collector For $700K
February 15, 2017  |  Consumer Finance

One of the most egregious types of loan debts in the country are student loan debts. According to the Federal Trade Commission (FTC), the largest...

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