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FDIC CONSUMER NEWS | DATE: FEBRUARY 3, 2025

FDIC Consumer News – February 2025 Edition
Preparing for Tax Season?
Ideas for managing your refund safely and securely

Here are some ideas to help your money arrive quickly and safely, once you have submitted your federal taxes and expect a refund coming to you

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The Federal Trade Commission is sending payments totaling nearly $2

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The Federal Trade Commission is sending more than $5 million in refunds to consumers harmed by a deceptive credit card debt relief scheme known as ACRO Services

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The Federal Trade Commission is sending more than $5 million in refunds to consumers harmed by a deceptive credit card debt relief scheme known as ACRO Services

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Argus Information and Advisory Services, a subsidiary of TransUnion, has agreed in writing that it will not seek any government contract with the Consumer Financial Protection Bureau for three years

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The Federal Trade Commission’s initial findings from its surveillance pricing market study revealed that details like a person’s precise location or browser history can be frequently used to target individual consumers with different prices for the same goods and services

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The maker of the video game Genshin Impact has agreed to pay $20 million and to block children under 16 from making in-game purchases without parental consent to settle Federal Trade Commission allegations the company violated a children’s privacy law and deceived children and other users about the real costs of in-game transactions and odds of obtaining rare prizes

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Federal Trade Commission Chair Lina M

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Forgotten second mortgages may be coming back to haunt homeowners who haven’t received notices or account statements for years

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CFPB Deputy Director Zixta Martinez discusses changes at the ASC since she became Chair in 2022, including enhanced state oversight, landmark hearings on appraisal bias, and improved collaboration with The Appraisal Foundation to create a more equitable and accountable appraisal industry

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