The Federal Trade Commission won a $2.6 million federal court judgment against three defendants behind a scheme that charged consumers large upfront fees and failed to deliver the mortgage modifications they promised. The court also banned the three defendants for 10 years from telemarketing financial products or services; from selling mortgage modification, foreclosure rescue, and […]
Monthly Archives: July 2012
FTC Reminds Job Seekers: Get Your Free Credit Report Before You Apply for a Job
Before you apply for a job, you should know what’s in your credit report, because employers may look at your credit history if they’re considering hiring you. The Federal Trade Commission, the nation’s consumer protection agency, reminds job seekers that they can get a free copy of their credit report at annualcreditreport.com or 1-877-322-8228, so […]
FTC Staff: No Present Intention to Recommend Challenging Voluntary Fee Program in Connecticut Heating Oil Industry to Fund Consumer Education and Retailer Training
The Federal Trade Commission’s Bureau of Competition staff has issued an advisory opinion letter, in response to a request from the Independent Connecticut Petroleum Association (ICPA), stating that it has no present intention to recommend a challenge to the proposed system, which would collect a voluntary assessment from heating oil retailers and use the money […]