Author Archive for gypsy – Page 69

Jul
13

Office of Research blog: Initial Fresh Start program changes followed by increased credit scores for affected student loan borrowers

by gypsy

Credit reporting changes through the Department of Education’s Fresh Start program coincided with increased credit scores for nearly 2 million student loan borrowers

See the full post at consumerfinance.gov

0 Categories : CFPB, Credit reports and scores, Data, Data, research, and reports, Research, Student loans
Jul
12

Ensuring consumers receive critical lending protections

by gypsy

This week, we joined the State of Maine to file an amicus brief to help ensure that consumers receive critical protections when taking out loans

See the full post at consumerfinance.gov

0 Categories : At the CFPB, CFPB, Mortgage origination, Mortgages
Jul
11

FTC Issues Warning To Consumers About Scammers Impersonating FTC Staff

by jmayfield

The Federal Trade Commission has issued a new blog post warning consumers about scammers who are impersonating FTC staff members

See the full post at FTC.gov

0 Categories : FTC.gov
Jul
10

FDIC Consumer News – July 2023 Edition

by gypsy

FDIC CONSUMER NEWS | JULY 10, 2023

FDIC CONSUMER NEWS – JULY 2023 EDITION

Is My Money Insured by the FDIC?
What to consider about using a nonbank
When considering where to hold their money, consumers have traditionally opened deposit accounts directly with banks (whether in-person, online, or through the bank’s mobile app)

See the full post at FDIC.gov

0 Categories : FDIC.gov
Jul
6

FTC and State of Florida Send More Than $540,000 to Consumers Who Lost Money to Robocall Scammers Selling Bogus Interest Rate Reduction Services

by ndrayton

The Federal Trade Commission and the Florida Attorney General are sending refunds totaling more than $540,000 to consumers nationwide who were defrauded by Life Management Services of Orange County, LLC, and related companies who tricked them into paying for worthless credit card interest rate reduction and debt elimination programs

See the full post at FTC.gov

0 Categories : FTC.gov
Jul
6

FTC Action Leads to Industry Bans for Operators of ‘Extended Vehicle Warranty’ Scam

by jmayfield

A Federal Trade Commission lawsuit against the operators of a telemarketing scam that called hundreds of thousands of consumers nationwide pitching “extended automobile warranties” will result in a lifetime ban from any outbound telemarketing business and from any involvement with extended automobile warranty sales

See the full post at FTC.gov

0 Categories : FTC.gov
Jul
6

CFPB to distribute more than $3.5 million to consumers who were charged illegal fees to reduce or eliminate their federal student loans

by gypsy

Timemark, Inc

See the full post at consumerfinance.gov

0 Categories : At the CFPB, CFPB, Civil Penalty Fund
Jul
5

FTC Sends Cease and Desist Letters with FDA to Companies Selling Edible Products Containing Delta-8 THC in Packaging Nearly Identical to Food Children Eat

by ndrayton

As part of its ongoing monitoring of health-related advertising claims, the Federal Trade Commission today sent cease and desist letters – jointly with the U

See the full post at FTC.gov

0 Categories : FTC.gov
Jun
30

Federal Trade Commission Announces Proposed Rule Banning Fake Reviews and Testimonials

by bjames@ftc.gov

The Federal Trade Commission proposed a new rule to stop marketers from using illicit review and endorsement practices such as using fake reviews, suppressing honest negative reviews, and paying for positive reviews, which deceive consumers looking for real feedback on a product or service and undercut honest businesses

See the full post at FTC.gov

0 Categories : FTC.gov
Jun
30

FTC Acts to Stop Owner, Marketers of ‘Smoke Away’ from Deceptively Claiming Products Enable Users to Quit Smoking

by ndrayton

The Federal Trade Commission took action under the FTC Act and the Opioid Addiction Recovery Fraud Prevention Act (OARFPA), suing Michael J

See the full post at FTC.gov

0 Categories : FTC.gov
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