FTC Sues Subprime Credit Card Marketing Company and Debt Collector for Deceptive Credit Card Marketing

The Federal Trade Commission today announced the filing of a lawsuit charging CompuCredit Corporation and its wholly-owned debt collection subsidiary, Jefferson Capital Systems, LLC, with deceptive marketing practices in selling credit cards to consumers in the subprime market. The FTC’s complaint charges both defendants with violations of the FTC Act and Jefferson Capital with violations […]

FTC Sues Subprime Credit Card Marketing Company and Debt Collector for Deceptive Credit Card Marketing

The Federal Trade Commission today announced the filing of a lawsuit charging CompuCredit Corporation and its wholly-owned debt collection subsidiary, Jefferson Capital Systems, LLC, with deceptive marketing practices in selling credit cards to consumers in the subprime market. The FTC’s complaint charges both defendants with violations of the FTC Act and Jefferson Capital with violations […]

“We Don’t Serve Teens”: Slogan for a Safe Summer

Because summer is a time when teen drunk-driving deaths peak and teens are at high risk of starting to drink, the Federal Trade Commission is urging adults around the nation to say “Let’s Make it a Safe Summer. Don’t Serve Alcohol to Teens.” “Don’t clam up if other adults serve alcohol to your kids,” said […]

“We Don’t Serve Teens”: Slogan for a Safe Summer

Because summer is a time when teen drunk-driving deaths peak and teens are at high risk of starting to drink, the Federal Trade Commission is urging adults around the nation to say “Let’s Make it a Safe Summer. Don’t Serve Alcohol to Teens.” “Don’t clam up if other adults serve alcohol to your kids,” said […]

FTC To Host Debt Settlement Workshop

The Federal Trade Commission staff will host a workshop on September 25, 2008, to learn about the growth of for-profit debt relief entities and examine how the for-profit debt relief model is affecting consumers and businesses. Consumer advocates, industry representatives, and state and federal regulators will discuss a range of issues, including the history and […]

Defendants in Debt Collection Scheme Aimed At Hispanics Agree to Settle FTC Charges

Two defendants have agreed to settle Federal Trade Commission charges for allegedly victimizing Spanish-speaking consumers nationwide by posing as debt collectors seeking money the consumers did not owe. They and the corporate defendants they controlled have been barred from further violations of federal law involving debt collection. According to the FTC’s complaint, Maria Oceguera, her […]

FTC Secures Full Proceeds of Business Opportunity Scammer’s $100,000 Performance Bond

The Federal Trade Commission today announced that it has successfully secured the proceeds of repeat offender Richard Neiswonger’s $100,000 performance bond. Last year, in a civil contempt case brought by the Commission, a U.S. district judge found Neiswonger in contempt for violating the terms of a 1997 permanent injunction by deceptively marketing business opportunities and […]

Home Buying Consulting Business Penalized for Credit Repair Violations

Under a federal court order entered on May 29, a home-buying consulting business that offers credit repair and home-buying consulting services will pay $10,000 to settle Federal Trade Commission charges, including illegally charging an advance fee for credit repair and falsely claiming that it can remove negative information from consumers’ credit reports, even if the […]

Before a Hurricane Hits, Make Sure Your Finances Are Safe and Sound

As hurricane season swings into high gear, you may be more than ready with fully charged batteries, evacuation plans for loved ones and pets, refilled prescriptions, and other precautions. Perhaps you’ve considered how to deal with the possibility of storm surges, high winds, tornadoes, and flooding. But are you financially prepared? For example, do you […]

Before a Hurricane Hits, Make Sure Your Finances Are Safe and Sound

As hurricane season swings into high gear, you may be more than ready with fully charged batteries, evacuation plans for loved ones and pets, refilled prescriptions, and other precautions. Perhaps you’ve considered how to deal with the possibility of storm surges, high winds, tornadoes, and flooding. But are you financially prepared? For example, do you […]