Category: FTC
How To Protect Against ID Theft
Thanks to Consumer Reports for its effective suggestions on how to diminish ID theft. I will start with my personal recommendation, which may be counterintuitive for those who don’t trust the Internet to do on-line banking. Use on-line banking to pay your bills. Its free (nothing is really free but most banks offer it as [...]
Debt Settlement Firms Prohibited From Up Front Fees
Under new regulations adopted by the Federal Trade Commission, for-profit debt settlement companies will no longer be allowed to collect fees for their services until they have settled some or all of a consumer’s debt. The rules are effective Oct. 27. The new regulations will help curb deceptive and abusive practices in debt relief services [...]
Silicon Valley Knows When Blumenthal Plays Politics
The high tech media in Californian, unlike most of the media in Connecticut, understands that when our attorney general begins or begs to head an investigation into a big-name Silicon Valley company, it has more to do with his run for the U.S. Senate than serving state consumers. Companies like Amazon, Google and Apple are [...]
FTC Rules On Debt Relief Agencies A Good Start
More Must be Done to Protect Debt-Strapped Consumers from Scams Washington, D.C.—The Consumer Federation of America applauds the Federal Trade Commission for new rules that were announced today to curb abuses by debt relief services. These companies offer to help consumers who are struggling with their finances by negotiating lower interest rates, new payment arrangements, [...]
82,000 Pottery Barn Kids Cribs Recalled For Safety Issue
HARTFORD, July 20 — All Pottery Barn Kids drop-side cribs are being voluntarily recalled by the Consumer Product Safety Commission (CPSC) and Pottery Barn Kids, due to a defect in the drop-side hardware. Consumers should stop using the cribs immediately, inspect the hardware to make sure it is not broken, and contact Pottery Barn Kids [...]
Debtors Still Going To Prison In Some States
The Minneapolis Star Tribune is reporting that some people are going to prison for their debts despite the fact that debtors’ prison are not allowed.
In a powerful story by reporters Chris Serres and Glenn Howatt, the two explain how debtors can end up in jail in some states where creditors rule.
Massive Credit Card Scam Hits One Million Consumers, Totaling $10 million
According to moneywatch.com the Federal Trade Commission has “busted up an elaborate and long-running international scam said to net more than $10 million in bogus nickel-and-dime credit card charges. More than a million consumers were hit with credit card charges of $10 or less by fake shell companies, said the agency.” The column by Linda [...]
Kellogg Promises To Only Make Health Claims It Can Support
In what should be a requirement for every food company, Kellogg has agreed not to make a health claim about its products unless it can prove them.
According to the Wall Street Journal, the “new restrictions are part of an expanded settlement Kellogg reached with the FTC over its label claims that Rice Krispies cereal “now helps support your child’s immunity.”
Congressional Aides: Excellent Place For Consumers To Go For Help
Congressmen, for many people, have about the same credibility as journalists and used car salesman. But congressional aides are a much different story: at least they should be. They are a wonderful resource for consumers to turn to when they run into roadblocks or questions dealing with the federal bureaucracy and other issues. Every member [...]
Tanning Salons Must Disclose Health Risk, FTC Rules
Tanning salons will be required to disclose health risks of indoor tanning according to a new decision by the Federal Trade Commission. Not only will they have disclose the increase of skin cancer it will have to stop making misleading claims as to health benefits. For the details, including the final FTC decision and Order, [...]
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