New FTC Study Points to Much Needed Reforms for Credit Reporting Industry Advocates Call on Senate to Confirm CFPB Director to Remove Any Uncertainty over CFPB Authority over Credit Bureaus FOR IMMEDIATE RELEASE: February 11, 2013 (WASHINGTON, DC) Advocates from two national consumer groups on credit reporting lauded the findings of a Federal Trade Commission … Continue reading Much Needed Reforms for Credit Reporting Industry
Our law firm represents consumers in claims for violations of the Telephone Consumer Protection Act (TCPA). The federal law has been around since 1991 and was written to protect consumers from incurring the expense and the aggravation associated with harassing phone calls from banks, debt collectors, telemarketers and other big institutions. While most consumers know about the "Do … Continue reading ARE YOU RECEIVING DEBT COLLECTION CALLS ON YOUR CELL PHONE?
Marketers of Criminal Background Screening Reports To Settle FTC Charges They Violated Fair Credit Reporting Act Pitched Mobile Apps Offering Job Applicant Screening Tools FOR IMMEDIATE RELEASE: An enterprise that compiled and sold criminal record reports has agreed to settle Federal Trade Commission charges that it operated as a consumer reporting agency without taking consumer … Continue reading CRIMINAL BACKGROUND REPORT COMPANY SETTLES CLAIMS WITH FTC FOR VIOLATIONS OF THE FAIR CREDIT REPORTING ACT (FCRA)
Tis the season for identity theft! While you are shopping during this holiday season for friends and loved ones, identity thieves are looking for the opportunity to steal your personal information. Here are some great tips on how to prevent being a victim of identity theft. Keep documents secure in your home. Holiday parties are … Continue reading TIS THE SEASON FOR IDENTITY THEFT!
Responding to charges by the Federal Trade Commission, a U.S. district court has found a credit repair operation in contempt for violating a previous court order that required the defendants to stop promoting bogus credit repair products and services to consumers. The court ordered the defendants to pay $6.4 million to the FTC within 30 … Continue reading DISTRICT COURT FINES CREDIT REPAIR COMPANY $6.4 MILLION
Over 10 million consumers a year become victims of identity theft. Fraud victims are denied credit. If fraud victims are approved for credit, then they have to pay higher interest rates! Identity theft victims also get turned down for jobs because of arrests, convictions or other public records in a background report. What can consumers … Continue reading ID THEFT NEWS: WEEKLY UPDATE
FDIC Announces Settlement With American Express Centurion Bank for Unfair and Deceptive Practices in Debt Collection and Credit Card Marketing The Federal Deposit Insurance Corporation (FDIC) and the Consumer Financial Protection Bureau (CFPB) have reached a settlement with American Express Centurion Bank (Bank), Salt Lake City, Utah, for deceptive debt collection and credit card marketing … Continue reading AMERICAN EXPRESS SETTLES $85 MILLION DEBT COLLECTION & MARKETING SCAM CLAIM
Ever heard of Chex Systems? They have heard of you - and your bank account! We expect our bank to monitor our account, every deposit, withdrawal and transaction. Are other companies tracking this information, too? Sure - ever heard of Chex Systems? Most consumers do not realize Chex Systems - a consumer reporting agency - is monitoring you bank activity. … Continue reading EVER HEARD OF CHEX SYSTEMS? THEY KNOW YOU AND YOUR CHECKING ACCOUNT
Capital One announced it will cut over 200 jobs at its Tigard, Oregon call center. The layoff will affect collection employees. This is the second time in 2012 that Capital One has announced job cuts at the call center. Capital One's employees were told they could interview for job openings with the fraud department, according to a … Continue reading CAPITAL ONE LAYS OFF COLLECTION CALL CENTER EMPLOYEES
We represent victims of identity theft across the country. Identity theft is an epidemic, especially in the South. Few identity thieves are arrested and convicted. What can consumers do to protect their credit reports and their reputation? Federal law provides identity theft victims with rights under the Fair Credit Reporting Act (FCRA). Under federal law, identity … Continue reading ID THEFT NEWS – WEEKLY UPDATE