consumer protection

FTC Finalizes ‘Bait and Switch’ Rule for Event Ticketing and Lodging Sectors
FTC Finalizes ‘Bait and Switch’ Rule for Event Ticketing and Lodging Sectors
December 17, 2024  |  Legal & Regulation

The FTC has unveiled a rule blocking “bait-and-switch” pricing for hotels and concert tickets. Such tactics, the Federal Trade Commission (FTC) said Tuesday (Dec. 17) are used...

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CFPB Finds ‘Range’ of Unlawful Student Loan Market Activities
CFPB Finds ‘Range’ of Unlawful Student Loan Market Activities
December 16, 2024  |  Legal & Regulation

A new regulatory report shows a variety of unlawful activity in America’s student loan market. The report, issued by the Consumer Financial Protection Bureau (CFPB) Monday (Dec. 16,...

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FTC Sends $500K to Consumers in Vivint Credit Report Case
FTC Sends $500K to Consumers in Vivint Credit Report Case
December 05, 2024  |  Cybersecurity

The FTC is sending almost $500,000 in payments to consumers it says were harmed by Vivint Smart Homes. According to a Wednesday (Dec. 4) news release, the Federal Trade...

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Mastercard and Consumer Advocate Agree to Settle British Swipe Fee Lawsuit
Mastercard and Consumer Advocate Agree to Settle British Swipe Fee Lawsuit
December 03, 2024  |  Payment Methods

Mastercard and a consumer advocate reportedly reached an agreement in principle to settle a long-running British lawsuit regarding card fees. The company and Walter Merricks announced...

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FTC to Expand Telemarketing Sales Rule to Combat Tech Support Scams
FTC to Expand Telemarketing Sales Rule to Combat Tech Support Scams
November 27, 2024  |  News

The Federal Trade Commission (FTC) is a step closer to expanding its Telemarketing Sales Rule (TSR) to enable it to combat tech support scams. After announcing...

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FTC Refunds $1.9 Million to Victims of Credit Bureau Center Scam
FTC Refunds $1.9 Million to Victims of Credit Bureau Center Scam
November 21, 2024  |  News

The FTC is refunding $1.9 million to victims of a “free” credit report scam. The refunds stem from a 2017 lawsuit by the Federal Trade...

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CFPB Urges Greater Accountability for Student Loan Servicers
CFPB Urges Greater Accountability for Student Loan Servicers
November 15, 2024  |  Legal & Regulation

The Consumer Financial Protection Bureau (CFPB) is urging legislators and other policymakers to make reforms that it said would improve student loan servicing. The regulator wants...

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CFPB: Navy Federal CU Fined $95 Million for Alleged Illegal Overdraft Fees
CFPB: Navy Federal CU Fined $95 Million for Alleged Illegal Overdraft Fees
November 07, 2024  |  Bank Regulation

The government has ordered America’s largest credit union to repay its customers $80 million. Navy Federal Credit Union was issued that order Thursday (Nov. 7)...

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CFPB’s Chopra Says Rule 1033 ‘Important Step’ for Data Privacy
CFPB’s Chopra Says Rule 1033 ‘Important Step’ for Data Privacy
October 28, 2024  |  Legal & Regulation

The recent finalization of data-sharing rules may have sharpened the debate over risks and rewards of Section 1033 — to consumers, banks and FinTechs —...

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