America’s biggest credit repair companies could be forced to give up telemarketing. That’s according to the Consumer Financial Protection Bureau (CFPB), which announced Monday (Aug. 28) that it had reached a proposed $2.7 billion settlement against credit repair brands such as Lexington Law and CreditRepair.com. The settlement follows a court ruling that...
Federal regulators have offered new details in a legal action involving Walmart’s money-transfer operations. The Federal Trade Commission (FTC) announced Friday (June 30) that it had amended its year-old complaint against the retail giant, which involves the company’s alleged violation of federal telemarketing sales rules. “According to the amended complaint, Walmart for...
For foes of robocalls, there came a bit of poetic justice in recent weeks, courtesy of John Oliver, host of the weekly HBO comedy-news program “Last Week Tonight.” The comedian, fed up with what he viewed as the Federal Communication Commission’s inability to crackdown on...
Yes, phone scams are still a thing. In fact, data indicates that consumers will receive a combined nine billion calls from known scammers this year. And while millennials may have the upper hand when it comes to adapting to technological innovations, a new study indicates...
October 10, 2024
The FTC is refunding $449,000 to victims of a telemarketing scam involving extended automobile warranties. According to a Thursday (Oct. 10) news release from the Federal Trade Commission (FTC), the scam was carried out by a company known as American Vehicle Protection Corp. The regulator said the scam involved calling hundreds of thousands of consumers nationwide to sell costly […]
August 28, 2023
America’s biggest credit repair companies could be forced to give up telemarketing. That’s according to the Consumer Financial Protection Bureau (CFPB), which announced Monday (Aug. 28) that it had reached a proposed $2.7 billion...
July 02, 2023
Federal regulators have offered new details in a legal action involving Walmart’s money-transfer operations. The Federal Trade Commission (FTC) announced Friday (June 30) that it had amended its year-old complaint against the retail giant, which involves the...
April 27, 2017
Yes, phone scams are still a thing. In fact, data indicates that consumers will receive a combined nine billion calls from known scammers this year. And while millennials may have...
