FDIC Consumer News | April 3, 2023
Your First Job?
This is a great time to open your first bank account, too
Many teens think about how they can earn money so they can spend it, but it’s important to learn how to manage it as well
FDIC Consumer News | April 3, 2023
Your First Job?
This is a great time to open your first bank account, too
Many teens think about how they can earn money so they can spend it, but it’s important to learn how to manage it as well
More than 78,000 consumers harmed by College Financial Advisory and Student Financial Resource Center will receive checks in the mail this month
The Federal Trade Commission is sending payments totaling nearly $45,000 to consumers who purchased DreamCloud mattresses sold by Resident Home, LLC, the parent company of Nectar Sleep, which used misleading “Made in USA” claims to pitch its products to consumers
As a result of a Federal Trade Commission lawsuit, the operators of a telemarketing scam that called hundreds of thousands of consumers nationwide to pitch them expensive “extended automobile warranties” will face a lifetime ban from the extended automobile warranty industry and from all outbound telemarketing
The CFPB is seeking public input on the full scope and breadth of data brokers and their business practice, including the impact on consumers’ daily lives, and whether they are all playing by the same rules
The Federal Trade Commission today proposed a “click to cancel” provision requiring sellers to make it as easy for consumers to cancel their enrollment as it was to sign up
In 2020, the CFPB filed a complaint against student-loan debt-relief companies, their owners, and attorneys for charging illegal upfront fees to thousands of consumers saddled with private student-loan debt
The Federal Trade Commission staff are seeking information on the business practices of cloud computing providers including issues related to the market power of these companies, impact on competition, and potential security risks
The Federal Trade Commission will hold an informal hearing on its proposed rule prohibiting government and business impersonation at 1 p
The Federal Trade Commission will host a public workshop on May 18, 2023, in Washington, DC, to examine proposed changes to its Ophthalmic Practice Rules, also known as the Eyeglass Rule