Author Archive for jwolf – Page 210

Falsely claimed ‘mass joinder’ lawsuits would void mortgage or get consumers $75,000 cash
Damian Kutzner, one of the operators of a mortgage relief scheme that bilked millions of dollars from financially distressed homeowners, has agreed to a court order banning him from the debt relief business

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Business Blog provides lessons from the FTC’s Herbalife and Vemma cases
The Federal Trade Commission is mailing checks to nearly 350,000 people who lost money running Herbalife businesses

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Debt collectors used them to collect on debts people did not owe
The Federal Trade Commission has charged a Kansas man and his companies with selling portfolios of fake payday loan debts that debt collectors used to get people to pay on debts they did not owe

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Widely advertised supplement touted to improve memory in 90 days
The Federal Trade Commission and New York State Attorney General have charged the marketers of the dietary supplement Prevagen with making false and unsubstantiated claims that the product improves memory, provides cognitive benefits, and is “clinically shown” to work

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Reviewing your credit is the first step to
building a strong financial foundation for your new home

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Device-maker’s alleged failures to reasonably secure software created malware risks and other vulnerabilities
The Federal Trade Commission filed a complaint against Taiwan-based computer networking equipment manufacturer D-Link Corporation and its U

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Concludes consumers likely harmed in the cost of searching and choosing accommodations if a total price is not presented first
A new issue paper authored by an FTC staff economist concludes that consumers are likely being harmed by the hotel industry practice of disclosing mandatory resort fees separate from posted room rates, without first disclosing the total price

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As the number of older Americans with student debt has
quadrupled, older borrowers complain about many problems with lenders, loan
servicers, and debt collectors that exacerbate their financial challenges

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Contestants will compete for a top prize of $25,000 for best technical solution
The Federal Trade Commission announced today that it is challenging the public to create an innovative tool that will help protect consumers from security vulnerabilities in the software of home devices connected to the Internet of Things

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There are many credit scores available to you as a
consumer as well as to lenders

See the full post at consumerfinance.gov