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FDIC CONSUMER NEWS | MAY 1, 2023

FDIC CONSUMER NEWS – MAY 2023 EDITION

Need a Loan for Your New Small Business?
Get the one that is right for youNew small business owners typically need to borrow money to buy equipment and supplies, pay employees, and otherwise finance their operations

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As a result of a Federal Trade Commission lawsuit, the operators of an alleged credit card debt relief scheme based in Tennessee have agreed to court orders that would permanently ban them from telemarketing and selling debt relief products or services

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A commonly used interest rate index officially ends on June 30, 2023

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The Federal Trade Commission appeared before the House Appropriations Subcommittee on Financial Services and General Government to discuss its FY 2024 budget request and the agency’s ongoing work to ensure open, competitive, and fair markets on behalf of consumers, workers, and honest businesses

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If you are on active duty (including an activated reservist) or a member of the National Guard, you can sign up for free electronic credit monitoring from all three major credit reporting companies to ensure your credit report is accurate and up to date

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As a result of action by the Federal Trade Commission and the Commonwealth of Pennsylvania, debt collection company International Credit Recovery, Inc

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The Federal Trade Commission will hold an informal hearing on its proposed rule prohibiting government and business impersonation at 1 p

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Creditors can obtain civil judgments to seize assets and garnish wages for unpaid debts

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Help is available for homeowners who took out second mortgages years ago, and believed their loans were either forgiven or modified into a single loan, and now are being targeted by debt collectors threatening foreclosure

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The Federal Trade Commission is sending 41,934 checks, totaling more than $1

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