Tag Archives: FTC

In a recent lawsuit filed by the FTC, the regulator alleges that Ideal Financial Solutions and more than 12 other defendants used “an intricate web of concealment” to pass more than $25 million in unauthorized fees to consumers. The FTC … Read More…

A recent FTC study of the credit reporting industry revealed that five percent of consumer credit reports contained errors that could result in higher rates for consumer loans and insurance. “These are eye-opening numbers for American consumers,” Howard Shelanski, the … Read More…

The American Bankers Association and its insurance subsidiary will hold a telephone briefing on Feb. 20 that will allow participants in the banking industry to engage in a Q&A session with CFPB and FTC regulators. The session will be held … Read More…

The FTC recently released a staff report that provides recommendations on how mobile platforms, application developers, advertising networks, analytics companies and app developer trade associations can provide better data and privacy disclosures to consumers. “The mobile world is expanding and … Read More…

In the first study of debt buyers, the FTC found that debt collectors who do not have enough information may approach the wrong consumer, attempt to collect the wrong amount or both. The report found that debt buying is an … Read More…